As per the latest reports, people have been moving towards internet streaming programs, especially younger generations. The rise of Amazon prime video and Netflix subscribers in recent years has put the TV airing services into many difficulties. The revenue of TV services has been dropping rapidly in the past few years. It was also reported the Television industry is under pressure as it is unable to compete with the growing streaming services.

The subscriptions on-demand revenue, mainly Netflix and Amazon increased to 40%, about 900 million. The subscriptions on-demand revenue was just 52 million in 2012. The growing trend among those aged between 16 to 35, the majority of this group were watching non-broadcasting content. YouTube makes up the highest proportion of non-broadcast viewing in the age group.

The TV industry has seen a decline in revenues in spending on new programs by public service broadcasters. However, the media reported that the challenges might be overestimated. Some cases report that TV shows were still trending among the millennials and about 60% of the teenagers spend 30 to 2 hours on TV programs daily.

Many people believe that streaming is the future of multimedia sharing and entertainment. The traditional broadcast has advantages in regions where internet is out of reach or has limited connectivity requirements for online streaming, and streaming holds the advantage in almost every aspect. However, despite the limitations, the use for broadcasting may never end, in times of emergency, radio and TV broadcasting are necessary. Though the platform may not be diverse as before, the funding for programs and demands have been decreasing rapidly over the years. For more information please visit https://bmovies123.com/

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