Reference no: EM131600342

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The industry is constantly evolving due to technological influences. It is characterized by rapidly developing trends in streaming of music, videos, movies, programs and so much more. It is a very rewarding industry, and due to this, also very competitive as it attracts new entrants by the day. The industry is known for unending customer demand for high-quality streaming services and due to this, companies like Netflix and Hulu invest highly in digital media production by attracting suitable talents, skills, knowledge, technology and expertise to actualize this. The streaming media industry is a recently discovered industry that is shaping up entertainment. It is full of untapped market and opportunities.

The evolution of the digital technology industry continues to evolve and replace traditional methods of TV production. Instant video streaming has dominated the digital technology industry as more people have access to the internet which is the main driving force within the industry. In babble industry we are going to provide very high speed servers to provide a great experience when they watch video in our website. Providing a streaming video with much features will push the industry to do their best to meet what the consumers need and wants.

We are planning to have a new features in the future in order to meet the evolution. Our industry understand the market that they work in and Babble believe that the competitors such as Netflix and Hulu Plus will come with new features every day. In Babble industry we believe Consumer wants and needs should drive marketing decisions, and no strategy should be pursued until it passes the test of marketing research to make sure we deliver a great experience to our consumers.