The speech recognition market began in the early 1960s with IBM’s release of the Shoebox.
Streaming is catching on for many reasons. For one, it’s a relatively cheap way to watch live content, compared to paying for cable. Secondly, it enables networks to archive their content. In addition, it can deliver news to viewers where and when they want it.
Despite the fact that streaming news is not a new phenomenon, it’s certainly getting a lot of attention. The news industry has been betting big on it since the earliest days of its heyday, and major news networks have invested hundreds of millions of dollars in their streaming operations.
Aside from repurposing programming from broadcast, major networks have begun to schedule nightly news programs that stream as they happen. This allows viewers to customize their news experience, depending on the time of day and their geographic location.
One example is CNN. During its first several years, the network’s news operation was criticized for its lack of viewership. Despite its limited reach, the network saw its fortunes rise, and eventually spawned MSNBC and the Fox News Channel.
The biggest challenge for the news industry is to find a way to monetize their streaming efforts. It’s no secret that many viewers don’t have the cash for cable or a subscription.
However, the news industry has a chance to win over viewers who aren’t commercial averse. Free news streamers have started to capitalize on this by promoting cable-quality news. These operators are trying to convince consumers that they can cut their cable subscriptions and still get their news fix.
