Monday, January 28, 2019

Will Corporate Produced Entertainment Face Internet Competition?

It's actually pretty interesting that news was the first media industry to face fierce competition from the Internet while other media, like comedies and dramas and other forms of entertainment haven't faced direct competition on a significant scale.

Immediacy and authenticity are big components of the value of news, and in many cases a simple recording of an event is superior to the type of reporting that the legacy media does, where a story is edited and condensed into a short clip.

Authenticity is a big component of the value of entertainment, too. In recent years, some corporate entertainment has become preachy on top of being repetitive and formulaic and has managed to alienate a large portion of its audience.

There has been independent entertainment content on the Internet since it's been able to deliver audio and video, however, as far as I know, there's nothing like the phenomenon of independent Internet journalism which seems like the next iteration of news. It takes more resources to produce a 30 minute comedy than for a guy to sit in front of a web cam and comment on politics, but really not a whole lot more.

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