Online entertainment is massive and growing all the time, and there are now so many different forms of entertainment and gaming that have become substantial earners and major sources of business. This article looks at the biggest earners in online entertainment and provides some insight as to what the future of such online entertainment will be.
Short video clips
The rise of the short video clip has been one of the biggest changes to the online entertainment space. We are arguably all living much busier lives and have much-shortened attention spans. Hence platforms such as TikTok, YouTube, and Instagram are all the rage. The argument has been that for Gen Z, the short video clip is the chosen form of social interaction. With a running time of a few minutes or less, it is a catchy, snappy way to interact with others and share a message. They may be short clips, but they are super immersive and have become a chosen means of entertainment and fun online. Marketers have pounced on this phenomenon, and millions are being made in the sector, on either tech, software, or the ongoing production of short branding and awareness clips.
Social media
In the US, social media has been noted to be the second most accessed form of entertainment for all age groups, and most people were said to access their social media at least once a day. In fact, over 75% of Americans are 18-24 yr. Olds view social media as a significant form and part of their entertainment. It is used to meet and interact with others, for shopping and for, gaming and a whole lot more. Business as a whole has seized this as an opportunity, and the social media marketplace is the next (current) important thing for an investment opportunity.
Online casinos
The online adult gaming and casino sector have been one of the online entertainment genres that have driven online entertainment in a big way. It is now so much more socially accepted around the world based on the regulations and improved safety considerations. Online casinos are growing, and you will need to check the reviews to find the best online casinos real money that will provide or hours of fun and excitement online.
OTT, streaming services
This is the provision of entertainment and media services directly over the internet. Netflix was the original OTT service, and now there are more households in the USA with various OTT entertainment subscriptions than without this form of online entertainment. The content is generally live and on-demand, and there is no waiting around for this week’s edition of the series you want to watch.
The fact that there are now so many OTT sites and platforms that can host your entertainment channel has seen a huge growth in this form of entertainment, and it isn’t just the big players such as Netflix and Amazon Prime that have taken advantage of the available tech and increased internet speeds. As mentioned, live streaming and video on demand are the two main forms of OTT provision, and it is a platform of entertainment that has arguably killed the Television channel.
These are the forms of online entertainment that have arguably driven the ongoing increases in content, volume, and revenue generation.
