(1). 1:Amid the debris and deals the outlines of a new business model are becoming clear.
2:It relies on broadband and devices, not cable-packages, and overwhelmingly on subscriptions, not advertising.
3:Unlike in search or social media, no firm in television and video streaming has more than a 20% market share by revenues.
4:The contenders include Netflix, Disney, at&t-Time Warner, Comcast and smaller upstarts.
5:Three tech firms are active, too—YouTube (owned by Alphabet), Amazon and Apple, although their collective market share is still small.
6:The music industry is also contested, with the biggest firm, Spotify, having a 34% market share in America.
1:在一片废墟和交易中,一种新商业模式的轮廓正变得越来越清晰。
2:它依赖于宽带和设备,而不是有线电视套餐,绝大多数依赖于订阅,而不是广告。
3:与搜索和社交媒体不同,没有一家公司在电视和视频流媒体领域的市场份额超过20%。
4:竞争者包括Netflix、迪斯尼、美国电话电报公司-时代华纳、康卡斯特和一些小的后起之秀。
5:三家科技公司也很活跃——youtube(由Alphabet所有)、亚马逊和苹果,尽管其市场份额仍然很小。
6:音乐产业也面临竞争,最大的公司Spotify在美国占有34%的市场份额。
(2). 1:Disruption has created an economic windfall.
2:Consider consumers, first.
3:They have more to choose from at lower prices and can pick from a variety of streaming services that cost less than $15 each compared with $80 or more for a cable bundle.
4:Last year 496 new shows were made, double the number in 2010.
5:Quality has also risen, judged by the crop of Oscar and Emmy nominations for streamed shows and by the rising diversity of storytelling.
6:Workers have done reasonably.
7:The number of entertainment, media, arts and sports jobs in America has risen by 8% since 2008 and wages are up by a fifth.
8:Investors, meanwhile, no longer enjoy abnormally fat profits, but those who backed the right firms have done well.
9:A dollar invested in Viacom shares a decade ago is worth 95 cents today.
10:For Netflix the figure is $37.
1:颠覆带来了经济上的意外之财。
2:首先考虑消费者。
3:在更低的价格下,他们有更多的选择,可以从各种各样的流媒体服务中挑选,每项服务的成本低于15美元,而有线捆绑服务的成本在80美元以上。
4:去年共制作了496部新剧,是2010年的两倍。
5:从奥斯卡和艾美奖的流媒体节目提名,以及叙事方式的多样性来看,电视剧的质量也有所提高。
6:工人们做得还算合理。
7:自2008年以来,美国的娱乐、媒体、艺术和体育行业的工作岗位增加了8%,工资也增加了五分之一。
8:与此同时,投资者不再享有异常丰厚的利润,但那些支持正确公司的人做得很好。
9:十年前投资维亚康姆1美元的股票现在价值95美分。
10:Netflix的股票是37美元。