Protests popped up across China including cities like Shanghai, Guangzhou, Wuhan and even the capital of Beijing.
Streaming video has set off a flurry of activity in the news industry. The major news networks have invested hundreds of millions of dollars in streaming operations. They’ve seen success, and they have high hopes for the future.
There is a long history of television news being a profitable business. A town crier would bellow out the news as he walked the village. A news sheet was also portable. However, print was stuck in time and didn’t have the flexibility of web accessibility.
Streaming video has eliminated the limitations of a town crier and news sheet. It allows viewers to watch the news at any time, anywhere. In addition to the standard news, it also provides documentaries, reruns and news analysis.
In the early days, the streaming medium was criticized for lacking a true audience. But, it has proven to be an able competitor to traditional TV news. In fact, viewers spend more time watching streaming programming than they do watching broadcast TV.
The new streaming medium has also shown to attract a new, niche audience. One example is Fox Nation. The company’s streaming app has attracted 1.5 million subscribers. This figure, however, is only the tip of the iceberg.
It is possible that online video streaming will reshape political news coverage. As a result, new overtly political news operations are likely to emerge.
On the other hand, it is likely that cable will remain the dominant medium. After all, the proliferation of channels and choices could drive viewers further into political silos.
