OSN
Peter Riz , the former CTO of OSN , reveals his future predictions for media broadcasting and OSN ’ s approach to meeting our everchanging entertainment needs
The birth and stratospheric rise of streaming services have completely transformed the way that we watch . Over less than a decade , our viewing habits have evolved : from TV channels and Friday-night- DVD-rentals , to an endless array of choices ( personalised to your individual tastes ) being made available with just a few clicks .
Not only has this change revolutionised the way we access and interact with media , but it has also extended to adverts and our viewing habits , enacting a complete cultural shift in the way the world watches .
In short , few sectors have experienced such a rapid digital transformation as that of TV and broadcasting . In fact , Blockbuster – a video and DVD rental company that went bust in 2014 – famously had the opportunity to buy Netflix for just US $ 50mn in 2000 ( an absolute steal considering the streaming service ’ s valuation these days ). At the time , Blockbuster essentially laughed the offer down , doubting that the streaming service had anything to offer the market .
Now , movie and video streaming represent one of the largest and fastest growing global sectors , with a number of pioneering providers continuously evolving these services . Such industry figures are connecting viewers across the world with more choices , more autonomy and more flexibility .
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