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Local TV takes news to Web in fight for cord cutters 15 July 2015

Local TV OTT

 

Local TV stations are plugging one of the last major holes in mobile video streaming their news to phones and tablets. The move presents yet another challenge to cable and satellite providers, which are grappling with the widespread online availability of content.

This fall, 112 U.S. stations will begin streaming live newscasts through an app called NewsOn, one of several planned “OTT video services” delivered online without a pay TV subscription.

And Verizon Digital Media Services, which offers technology that enables streaming on a wide variety of screens, is in talks with owners of more than 300 affiliates that want to supply programming directly to consumers over the Internet, Ralf Jacob, chief revenue officer, told Reuters. Stations could use the technology to stream news or other local programming.

Local broadcasters, like cable networks, are trying to adapt to the changing preferences of viewers, who increasingly want to watch programs on their own schedules. The challenge for local news programs will be to satisfy demand for mobile video without undermining audience numbers for traditional broadcasts, which generate hefty fees from cable operators as well as higher ad rates than online programming.

Read the entire story here.

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