Predictions for the Media Industry in 2024

Predictions for the , Media Industry , in 2024.NPR reports that 2023 was a turbulent year for the media industry.Last year included two massive, industry-sha...

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Predictions for the , Media Industry , in 2024.<br />NPR reports that 2023 <br />was a turbulent year <br />for the media industry.<br />Last year included two massive, industry-shaking strikes, <br />widespread layoffs and major changes to <br />subscription-based streaming services. .<br />Here are NPR's four predictions for what <br />lies ahead for the media industry in 2024. .<br />Fewer TV/streaming series, but in a good way, The economic impact of strikes and rising costs <br />is likely to result in fewer shows being <br />produced and more cancellations. .<br />However, this trimming comes after <br />analysts complained that the industry was <br />long overdue for reducing an overwhelming <br />amount of TV and streaming programming.<br />More streaming price hikes, <br />but also more shared content, In 2023, major streaming services like Netflix <br />and Amazon introduced new premium subscriptions <br />that come with ad-free content at a higher price.<br />Despite higher subscription costs, many platforms <br />have also worked out limited agreements <br />to share content on other streaming services.<br />These package deals, like one that will see <br />select HBO titles available on Netflix, come <br />along with rumors of midlevel streaming <br />services merging with other platforms.<br />The ongoing fight against <br />misinformation continues, NPR points out that the upcoming primaries are likely to bring the battle against media misinformation back into the spotlight.<br />The ongoing fight against <br />misinformation continues, NPR points out that the upcoming primaries are likely to bring the battle against media misinformation back into the spotlight.<br />Declining late night television <br />and cable TV will adapt to survive, Strikes in 2023 saw big names in late night television <br />exit the genre, with James Corden leaving 'The Late <br />Show' and Trevor Noah leaving 'The Daily Show.'.<br />Declining late night television <br />and cable TV will adapt to survive, Strikes in 2023 saw big names in late night television <br />exit the genre, with James Corden leaving 'The Late <br />Show' and Trevor Noah leaving 'The Daily Show.'.<br />While outlets like CBS and Comedy Central <br />have struggled to fill the gaps, NPR suggests <br />unknown innovators will find a way to <br />rejuvenate the industry in 2024. .<br />While outlets like CBS and Comedy Central <br />have struggled to fill the gaps, NPR suggests <br />unknown innovators will find a way to <br />rejuvenate the industry in 2024.
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Published
Jan 4, 2024

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