Streaming Services 2.0

Today’s streaming digital content is too simple for me. The monetization scheme is very primitive as well. I would like to propose a new data storage architecture and streaming platform based on this data. The monetization scheme will also be more advanced.

I had proposed a global services and object model. There the tags are globally defined and each data has a Globally Unique ID (GUID) and has atomic datetime stamp. Storing data with atomic datetime stamps allow them to be aggregated by a computer in real-time. Digital recorders have advanced electronics on them however their real-time clock module is very poor. They should be changed by an atomic clock for a consistent synchronization. Additionally, text-based content created for the streaming data should utilize GUID while linking info to a streamed data. For example, a sports event is recorded with multiple cameras and microphones. In the meanwhile, commenters record streaming audio of the event. Additionally, the statistics of the event is also recorded manually and partially computerized. As these data streamed online, the consumer’s smart tv will aggregate them depending on the consumer’s preferences. At the moment audio channel selection exists, however the statistics are pre-overlayed on the image. I propose them to be send separately and the user preferred ones to be overlayed on the image with preferred fonts and placements.

The monetization of the streamed data is monthly or yearly subscription only. This scares the viewers who are not interested on everything or have time to watch all the streams to justify the price. Additionally, this approach limits the enhancement on the streamed data. For example, additional commentary audio channels and more detailed info. With the current subscription scheme, additional features cannot be charged extra to the customer to reimburse its cost. What I propose is a prepaid system. The consumer spends a deposited amount of money on demand. Every feature serviced will have a cost. As the consumer demand it, he/she will pay for it. The streamed video would cost more than the audio commentary which would cost more than the statistics. The video would have different quality settings, options for multiple cameras.

Because of this primitive subscription scheme, I only receive commentary in one language and some events are streamed without commentary as well. My approach would allow more features to be added to a streamed content because the cost can be reimbursed.  This is in a sense the service version of the modular electronics I proposed earlier.

Make the services modular!