Predictions for the , Media Industry , in 2024.
NPR reports that 2023
was a turbulent year
for the media industry.
Last year included two massive, industry-shaking strikes,
widespread layoffs and major changes to
subscription-based streaming services. .
Here are NPR's four predictions for what
lies ahead for the media industry in 2024. .
Fewer TV/streaming series, but in a good way, The economic impact of strikes and rising costs
is likely to result in fewer shows being
produced and more cancellations. .
However, this trimming comes after
analysts complained that the industry was
long overdue for reducing an overwhelming
amount of TV and streaming programming.
More streaming price hikes,
but also more shared content, In 2023, major streaming services like Netflix
and Amazon introduced new premium subscriptions
that come with ad-free content at a higher price.
Despite higher subscription costs, many platforms
have also worked out limited agreements
to share content on other streaming services.
These package deals, like one that will see
select HBO titles available on Netflix, come
along with rumors of midlevel streaming
services merging with other platforms.
The ongoing fight against
misinformation continues, NPR points out that the upcoming primaries are likely to bring the battle against media misinformation back into the spotlight.
The ongoing fight against
misinformation continues, NPR points out that the upcoming primaries are likely to bring the battle against media misinformation back into the spotlight.
Declining late night television
and cable TV will adapt to survive, Strikes in 2023 saw big names in late night television
exit the genre, with James Corden leaving 'The Late
Show' and Trevor Noah leaving 'The Daily Show.'.
Declining late night television
and cable TV will adapt to survive, Strikes in 2023 saw big names in late night television
exit the genre, with James Corden leaving 'The Late
Show' and Trevor Noah leaving 'The Daily Show.'.
While outlets like CBS and Comedy Central
have struggled to fill the gaps, NPR suggests
unknown innovators will find a way to
rejuvenate the industry in 2024. .
While outlets like CBS and Comedy Central
have struggled to fill the gaps, NPR suggests
unknown innovators will find a way to
rejuvenate the industry in 2024.