There is TV. There is laptop. Then there is the smartphone. And couple of other devices that fall somewhere in between all of these. But one thing wins the spotlight on all these screens.
Video it is! The uncrowned winner of entertainment. Hour muncher and sole destination for fun, education, information and whatever.
Two-thirds of teenagers watch videos on their phones and tablets. More than 90% of adults binge watch movies on video streaming and video on demand services every week. Admit it. Even you have spent hours on mobile watching videos that got you hooked instantly.
Video streaming is huge and is estimated to touch $70.05 Billion by 2021. It is exploding with a growth momentum similar to the Internet we saw in the 90s.
The birth of the on demand video revolution
Netflix which started as an odd idea that streams video is now the favorite pastime of majority of the world. The brand grew so big that it even started producing its own proprietary shows which again turned out into massive revenue earners.
The bottomline is, video streaming is growing in a steadfast manner. There is no stopping it. If you want to build a video streaming solution, this is the right time.
The question here is how badly do you want to be part of the growth story. Considering the fact that all you need is a readymade solution to build video streaming website, it is quite possible to join the video bandwagon.
A video on demand solution can fit in here as the missing piece to the jigsaw puzzle.
VDart Prism – a feature-rich video on demand solution
A video on demand solution like VDart Prism can come equipped with tons of materials for video content management, monetization, hosting, distribution and syndication.
VDart Prism is a video on demand platform that is engineered to take on heavy-weight video streaming, hosting and monetization requirements with ease. It serves as the right platform to develop a site like Netflix complete with video hosting, security and monetization capabilities.
As a readymade platform, it can be custom-built for industry-specific video delivery. From live streaming of events to corporate training videos, there is plenty that VDart Prism makes possible without giving video owners, publishers and broadcasters the nightmare of coding.
Video content management
Unlike documents, images or any other file types, video library management is a nightmare. Locating, previewing and retrieving specific file from mountains of video files is next to impossible without a video content management solution.
Moreover, each video has ownership, copyrights, licenses and redistribution permits which need to be monitored and tracked with precision. You think you can do all of that with a spreadsheet?
That’s a sure recipe for disaster. Media houses, broadcasters and content creators need a solid system that can manage and retrieve data instantly in multiple formats with processing abilities for real-time rendering. A readymade solution to create a website like Netflix can help handle that easily.
YouTube, Vimeo, Dailymotion and several other video sharing websites allow users to earn income from their videos through advertisements and Google AdSense. But then, that is just the surface of video monetization. There are several other alternative video monetization forms like SVOD, AVOD, TVOD, Pay per view, etc. which can repurpose your video for multiple revenue forms.
Video Distribution & Syndication
Video turns into a viral topic when it is spread across channels with the help of syndicators. Video syndication is a complex and can go out of hand if it is not closely watched. A well-equipped video on demand solution to create a website like Netflix can fit in here and simplify the start-to-stream process involved in video distribution and syndication.
Which video has reached the maximum audience? What part of the video receives maximum viewership rates? What form of the video is received by the masses. All this and much more can be understood with the help of video analytics.
Video is an expensive asset. It has a longer shelf life and hence needs maximum security to safeguard it from piracy, unauthorized distribution or access, tampering, etc. A video on demand solution can provide multiple-level security measures that will ensure bullet-proof security for your video assets.
- Digital Rights Management (DRM) – prevent your videos from being redistributed or pirated through Digital Rights Management.
- Encryption – prevent tampering of video assets with encryption
- Access control – allow only authorized users to access, view or own the video content.
In a Nutshell
To create a video streaming website a comprehensive solution with integrated facilities for hosting, monetization and security is a must-have. A simple standalone software or a spreadsheet is simply not enough to take care of the video hosting, streaming and management requirements.
The above article spoke about how you can build a multi-screen video streaming platform and what range of features it can be integrated with for rendering engaging user experience.
Have anything more to add? Let us know in comments.