Technological innovations are changing the way we entertain ourselves
1. Multi-screen media consumption
The Idea
Imagine this: On your smartphone you notice that a friend has shared the latest episode of Grey’s Anatomy. You start watching it, but then, realising your tablet is nearby, decide to watch it on the bigger screen. The episode seamlessly ‘transfers’ across devices, to the same minute you were watching. You get disturbed when something else comes up and forget about it. Later, you want to catch up on the remaining part of the episode, so you ‘send’ it to your LED TV at home.
This is the new ‘multi-screen’ experience that consumers will demand.
By When Will It Catch On?
It might take another two to three years for Indian media companies to wake up to this new reality and realise that their revenue sources are consumers, not each of their devices.
Who Is Leading This?
Unfortunately, most media companies are still laggards in this regard. It’s the device and networking companies like Cisco, Samsung and low-cost phone component maker MediaTek that showed off their own solutions at CES 2013, the biggest consumer electronics show in the world.
2. Cable TV out, Media on Internet in
(This story appears in the 08 February, 2013 issue of Forbes India. To visit our Archives, click here.)