How is Streaming Transforming the Film Industry?

By: The BitMar Team.

Streaming has completely transformed the film industry. The way in which we now watch, and consume, films is vastly different from just a decade ago. Streaming services have made it easier, and more convenient than ever, to access movies, and TV shows, from the comfort of our homes—all without the need for physical media, nor a trip to the cinema. This has led to a seismic shift, in the way in which films are distributed, and marketed. Traditional cinema releases are no longer the only way for films to find an audience.

According to a report, by the Motion Picture Association, the number of streaming subscribers, worldwide, surpassed one billion, in 2020. This makes a significant milestone, in the industry's evolution. This surge in demand, for streaming content, has created a highly competitive marketplace. Streaming services are now vying for exclusive content deals, and investing heavily in original productions, to differentiate themselves from the competition. This has resulted in a wider range of content being produced. Streaming services are willing to take risks on niche genres, and experimental formats, from which traditional studios might shy away.

Another key way in which streaming has transformed the film industry, is: by enabling greater diversity, and representation, in the stories that are told, and the people who tell them. As streaming services are not beholden to the same commercial pressures, as traditional studios, they can take more risks on diverse, and inclusive, storytelling. This has resulted in a proliferation of content that features underrepresented groups, including: people of color, LGBTQ+ individuals, and women—both: in front of, and behind the camera. Streaming services have also been instrumental in bringing previously-overlooked international films, and series, to a global audience. This helps to broaden the scope of what is considered mainstream entertainment.

While streaming has brought many benefits to the film industry, it has also raised concerns about the impact on traditional cinema exhibition, and the financial viability of smaller, independent (indie) productions. With the rise of streaming, cinema attendance has declined in many parts of the World. This has led to the closure of some cinemas, and the cancellation of many smaller film festivals. Additionally, as streaming services invest heavily in original productions, and exclusive content deals, they may be less inclined to purchase smaller, indie productions. This makes it harder for independent filmmakers to get their work seen.

In conclusion, the impact of streaming, on the film industry, has been profound and far-reaching. While there are certainly concerns about the potential drawbacks of streaming – such, as: the impact on cinema exhibition, and the future of independent filmmaking – the benefits of greater access, diversity, and experimentation are hard to ignore. As the industry continues to evolve, and adapt to these changes, it will be fascinating to see how streaming continues to shape the way in which we watch, and experience film.

Currently, next-generation streaming platforms – like: BitMar – may provide you the most affordable form of on-demand streaming entertainment. BitMar provides all-in-one streaming service, for life, for a one-time payment, of: $99.99 USD. It can connect you to millions of on-demand movies, TV shows, channels, videos, and songs (from many different sources on the Web), on the screens that you already own. In fact, BitMar provides access to more movies, and TV shows, than: Cable, Satellite, Netflix, Disney Plus, Max/HBO Max, Amazon Prime Video, Apple TV+, Peacock, and Hulu – combined – and more songs, than: Pandora, Spotify, Amazon Prime Music, and Apple Music—combined. You may learn more, at: