These are leading over-the-top (OTT) streaming services that provide live television channels, on-demand content, and cloud-based DVR capabilities. Subscribers access a selection of channels, similar to a traditional cable or satellite subscription, through an internet connection without requiring a set-top box from a cable company. For instance, individuals seeking access to live sports, news, and entertainment programming can choose one of these platforms.
The significance of these services lies in their flexibility, affordability, and accessibility. They offer an alternative to traditional pay-TV services, often at a lower monthly cost and without long-term contracts. The user-friendly interfaces and availability across multiple devices, including smart TVs, smartphones, and tablets, provide convenience. Historically, these types of services emerged as internet speeds increased and consumer preferences shifted toward cord-cutting.