Why Are Streaming Services Attractive for Entrepreneurs?
The rise of streaming services presents a lucrative opportunity for entrepreneurs for several reasons. Firstly, the low barrier to entry compared to traditional media production allows new players to enter the market with minimal upfront investment. Secondly, the potential for scalability is significant, as streaming services can reach a global audience with the right infrastructure. Finally, the ability to gather and analyze user data offers valuable insights that can be used to refine content offerings and marketing strategies.