Streaming media is rapidly growing. In the past 5 years many companies that
offered traditional media have started branching out into the world of
streaming media. People still use these
traditional sources but more options have been developed.
A short time ago if someone wanted to catch their favorite
TV show or movie they would have to watch it when it was on TV or in the Movie Theater. Those days have been replaced with the Internets
broadband speeds and a countless number of devices capable of streaming such
media. No longer are we tied to our
homes or movie theaters. We have
companies like Netflix.com and Hulu.com to come to our aid.
Hulu is a company specializing in streaming television
shows. On hulu.com you can catch a
variety of TV shows from networks such as NBC, Fox, ABC and CBS just to name a
few. This has been a revolutionary thing.
Hulu is a joint venture from these networks with money coming from Newport Television which is a joint venture
company created by the network partners. Hulu.com , because of it’s affiliation
with these networks, provides a service offering it’s customers to receive video content in High Definition for a
monthly subscription fee. It is the
holder of a countless number of video assets and it increases them each
night. The networks provide viewers with
full streaming versions of the same programs that aired over the traditional
video feed as recently as the night before.
Netflix originally got it start by
offering video rentals to it’s subscribers for a flat monthly rate. They also gave their customers the added
benefit of not having to return their movie rentals without having to pay a
penalty charge for returning them late.
This is the assassin of the business model of companies like Blockbuster
video. Netflix has also begun streaming
their vast library of movies and specials over the Internet. This puts them in direct competition with
Hulu. The difference being that Netflix
has more movie titles than Hulu. Netflix
generally gets the movies first and Hulu has more television content to offer
it’s subscribers.
