Re: Netflix, and the like, business models
Internet based streaming services are changing how video is produced and consumed. Telecom and media companies delivering video content call these services “OTT” — “over the top”.
There are 3 primary business models for OTT which are used in a variety of combinations: SVOD, TVOD, and AVOD.
“VOD” — “video on demand”
Subscription VOD (e.g. Netflix) — all you can eat
Transaction VOD (e.g. Amazon Video without Prime) — pay per item
Advertising VOD (e.g. Youtube) — free! with ads interrupting you every 3 seconds…
This is a recapitulation of an article written by Mads Kaysen on LinkedIn which can be found here: https://www.linkedin.com/pulse/understand-svod-tvod-avod-terms-business-models-streaming-mads-kaysen