Streamers are still, relatively speaking, a new phenomenon, so let’s start with their definition. I could not find a formal or accepted definition, and when you run into a situation like
that, you ask ChatGPT. It tells us: “In the television business, a 'streamer' typically refers to a platform or service that delivers video content over the internet for on-demand viewing by
users. Streamers often provide a wide range of content, including movies, TV shows, documentaries, original series, and user-generated videos.”
Or perhaps another definition is, any TV
platform that has “plus” or “+” in its name.
Regardless, I think we all have a reasonably good idea about what a “streamer” is in TV land. What surprised me
a little was that ChatGPT included user-generated content in its definition. That places YouTube in the realm of streamers. Not YouTube Premium (which is the company's version of “plus”)
but regular YouTube, which is free and advertising-supported.
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Upon closer examination, I agree. In the not-too-distant past, YouTube content wasn’t “TV,” as it was not very
sophisticated. But today, I find myself watching a lot of YouTube content as part of my TV diet.
For reference, our household has been cableless and Roku-enabled for some time. We have added
free-over-the-air antennas in most rooms to catch the local news or other random live TV events. But in general, almost all we watch is delivered by a streaming service (even sports -- which in my
case is Premier League, Champions League and F1).
YouTube’s content today is an enticing mix from professional content organizations and independent creators. I find myself watching the
F1 qualifying highlights on YouTube, as well as Jay Leno’s garage and John Oliver’s “Last Week Tonight.” But I also subscribe to several travel content creators, as well as
content creators that live in places or document activities that are of interest to me. They release content weekly, or every few weeks, and I watch it with as much attention as any other program. Not
only that, I look forward to new episodes with as much anticipation as I do “regular” TV.
So yes, I agree that YouTube, and user-generated content, should be included in the
definition.
And I learned this week that “According to a survey of advertising and marketing professionals conducted by The Myers Report, YouTube TV outperforms four leading streaming
video competitors in delivering on the factors that most significantly impact on media planning and buying decisions.” Meaning that as streamers are offering more and more advertising-supported
consumer options, YouTube is firmly playing along here.
But would that not mean that TikTok or Instagram qualify as streamers? These platforms also offer hours of (ad-supported) content, a lot
of it user-generated, and some created by professional platforms such as Stephen Colbert, ESPN, the MLB or Food Network. How about Only Fans? Is that a streamer? They all can be watched on your
regular TV.
It is fascinating to see how the video content creation and distribution model is evolving faster than you can unsubscribe to any one of them. Many in the industry are predicting a
consolidation wave, as there are simply too many platforms vying for consumer and ad dollars. I guess the question is, which streamers will succeed, even as the definition of what a streamer actually
is continues to evolve?