Matthew Wilkinson, CEO at Magine Pro delves into the concept of ‘Decision Experience (DX)’ and its potential to solve the paradox of too much choice in video consumption. With an ever-growing expanse of content to choose from, the challenge of decision-making is now more critical than ever. Read on to understand how improving DX can transform the way we consume content, leading to a more fulfilling and streamlined viewing experience.
In the ever-changing media landscape, the multitude of streaming options presents a complex challenge: the more choices we have, the harder it is to decide. The ‘Paradox of Choice’ highlights our desire for autonomy and variety, but clashes with the overwhelming abundance of options. As streaming platforms expand, we spend excessive time choosing content, often overshadowing the enjoyment itself. Studies show that Netflix members lose interest after 60 to 90 seconds of browsing (source: “The Netflix Recommender System: Algorithms, Business Value, and Innovation” 13.2).
The Paradox of Choice and Human Behavior
The ‘Paradox of Choice’ relates to choice signifying freedom, and an abundance of options which often trigger cognitive overload and decision fatigue. This phenomenon is...
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During the past two years, the BBC has announced some of the most extensive cuts in its history, affecting nearly all of its production and creative departments. However, it’s the reductions to BBC News and the World Service that are arguably most concerning. David Davies reports.
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UK’s indie producers need to embrace private equity or risk being left behind
According to recent stats from the British Film Institute (BFI), spending on film and high-end television production in the UK reached £4.2bn in 2023. While this is great news at face value, Sarudzayi Marufu, founder and executive producer of Euras Films, argues that domestic film and TV producers are being neglected, representing only 11% of the total spend. Marufu believes that the return of private equity could help bring UK indie film back from the brink.