Strategy and performance of audiovisual streaming platforms

Purpose: This work aims to analyze and classify the competitive strategies of 37 streaming platforms and identify which strategic groups perform better globally. Design/methodology/approach: This study is based on the structure-conduct-performance paradigm and uses Porter's typology to reach it...

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Detalhes bibliográficos
Autores: Moraes, Rodrigo Afonso de, Paula, Fábio de Oliveira, Silva, Jorge Ferreira da
Formato: artículo
Estado:Versión publicada
Fecha de publicación:2023
País:Brasil
Recursos:Revista Ibero-Americana de Estratégia (RIAE)
Repositorio:Revista Ibero Americana de Estratégia - RIAE
Idioma:inglés
portugués
OAI Identifier:oai:ojs.periodicos.uninove.br:article/22885
Acesso em linha:https://periodicos.uninove.br/riae/article/view/22885
Access Level:acceso abierto
Palavra-chave:Audiovisual Streaming Industry
Strategic Groups
Competitive Strategies
Performance
Disruptive Digital Transformation Industry.
Streaming Audiovisual
Industria Audiovisual
Industria Innovadora
Industria disruptiva
Grupos Estratégicos
Estrategias Competitivas
Desempeño
Streaming audiovisual
Setor audiovisual
Indústria inovadora
Indústria disruptiva
Grupos estratégicos
Estratégias competitivas
Desempenho
Descrição
Resumo:Purpose: This work aims to analyze and classify the competitive strategies of 37 streaming platforms and identify which strategic groups perform better globally. Design/methodology/approach: This study is based on the structure-conduct-performance paradigm and uses Porter's typology to reach its goal. It classified the 37 platforms into their respective strategic groups based on eight strategic variables using k-means cluster analysis. Then, group performances were compared using ANOVA to test the mean differences of two performance variables. Originality/relevance: The audiovisual industry is experiencing a radical change in content consumption, distribution, and production. Streaming technology, which delivers content over the internet without downloads, increased flexibility and sparked a wave of adoption of audiovisual streaming platforms that destabilized other sectors, such as home video. Consequently, this phenomenon left a gap in studies about the strategy and performance of the industry, which this paper intends to fill. Main findings: As a result, 14% of the platforms studied were allocated to the Differentiation strategic group, 30% to Cost Leadership, 19% to Differentiation Focus, 8% to Cost Focus, and 30% were considered Stuck-In-The-Middle. We identified that the strategic groups present significant differences in performance, validating the applicability of Porter's typology. Theoretical contributions: The study found that broad-spectrum strategies such as Cost Leadership and Differentiation promote better performance than focus strategies at this industry stage. Surprisingly, Stuck-In-The-Middle companies also perform well, similar to companies with broad-spectrum strategies.