BroadwayHD is a new streaming service that is taking the Netflix model and applying it to recorded Broadway shows for theater lovers.
As much as it would be wonderful to live in New York City and be able to attend Broadway shows all the time, many of us around the world only have access to it once in a while. For avid theater and musical fans who aren't in the Big Apple, BroadwayHD brings the world's most famous area for live performance into their own homes. Unlike Netflix, BroadwayHD offers users one of two payment models: with their BroadwayHD accounts, theater lovers can choose to sign up for a subscription, allowing them unlimited access to BroadwayHD's library of over a hundred titles, or they can rent one movie for a single-time use.
Theatrical Streaming Services
BroadwayHD Offers Netflix-Style Streaming of Recorded Broadway Shows
Trend Themes
1. Theatrical Streaming - Disruptive innovation opportunity: Develop a streaming platform that offers recorded theater performances from around the world, catering to theater lovers who do not have access to live performances.
2. Global Access - Disruptive innovation opportunity: Create an online platform that provides access to live theater performances in real-time, allowing theater enthusiasts from anywhere to experience the magic of Broadway shows.
3. Alternative Payment Models - Disruptive innovation opportunity: Introduce a flexible payment model for theatrical streaming services, offering options for subscription-based unlimited access or renting single performances.
Industry Implications
1. Entertainment Streaming - Disruptive innovation opportunity: Transform the entertainment industry by focusing on streaming services that specialize in theater performances, bringing the magic of live performances to global audiences.
2. Live Event Technology - Disruptive innovation opportunity: Develop advanced technology solutions that enable real-time streaming and high-quality recordings of live theater performances, enhancing the accessibility and experience for remote viewers.
3. Digital Payment Platforms - Disruptive innovation opportunity: Build innovative payment platforms that offer flexible options for accessing theatrical streaming services, catering to the diverse needs of theater enthusiasts worldwide.