Media Products vs The Rest: The High Leverage Phenomenon In Media Products

Written by sindamnataraj | Published 2020/07/24
Tech Story Tags: media | streaming | distribution | television | ott-platforms | hackernoon-top-story | monetization | recreate-and-remonetize | web-monetization

TLDR Media products can increase in value without any change to the product. TV shows, movies, documentaries, songs, radio shows, podcasts, games & even TikTok videos are all subjects to this phenomenon. Media products uniquely differ from products in general in the following ways:Re-Consume & Zero Marginal Cost of Replication. As new mediums come along, the old stories get a new life, adapting to the new medium itself. As a result, media products make money by scaling consumption. A given media product is not created or produced for each consumer to consume. It is created once and consumed infinite times with zero cost of replication.via the TL;DR App

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Written by sindamnataraj | Senior Product Manager @Microsoft Azure
Published by HackerNoon on 2020/07/24