Benefits of starting movie streaming platform

submitted 2 years ago by kesavriyan to business

5 benefits of starting movie streaming platform:

• Large and growing market: The market for online streaming of movies and TV shows is large and growing, with increasing numbers of people opting to watch content online rather than through traditional cable or satellite TV subscriptions.
• High demand for convenience: Streaming platforms offer a convenient way for users to watch movies and TV shows on their own schedules and devices, without the need to physically purchase or rent DVD or Blue rays.
• Potential for recurring revenue: Many movie streaming platforms offer subscription-based models, which can provide a steady stream of recurring revenue for the platform.
• Opportunities for targeted advertising: Streaming platforms can use data on users viewing habits and preferences to deliver targeted advertising, which can be a lucrative source of revenue.
• Opportunities for partnerships and licensing: Streaming platforms can forge partnerships with studios and production companies to license and distribute their content, as well as create their own original content.

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