The year 2007 marked a pivotal transition for media consumption trends. It was the year Netflix (NASDAQ: NFLX ) made its mark on history and forever changed media consumption habits by streaming digital video over the Internet. Since then, the competition for content from Internet streaming companies has only increased among the likes of Amazon.com (NASDAQ: AMZN ) and Netflix.
A prime example is the show Under the Dome, adapted from Stephen King's novel, which has been the biggest summer success for a CBS (NYSE: CBS ) television series since 1992.
While the show has slipped under the radar of most people, its secret summer success is a perfect example of the ensuing battle among the Internet streaming giants. In the following video, Blake Bos breaks down how the show is performing and tells you what industry and companies stand to profit the most from this digital streaming battle.
This is but a brief glimpse into the constantly evolving digital media revolution, and you should definitely dig deeper for a firm grasp on the trends taking place now. The Motley Fool's new free report "Who Will Own the Future of Television?" details the risks and opportunities in digital media today. Click here to read the full report!