*By Brittany Terrell*
Twitter's new slate of premium video content, nearly double what it offered last year, will include shows by some of the biggest TV networks, putting traditional television content on a social media platform that's disrupting long-held viewing habits.
"Obviously the big bet is television," said Kerry Flynn, a media reporter for Digiday. "And one of the biggest announcements was NBC as well as ESPN putting some of their biggest shows and channels on Twitter."
The agreements to stream TV content on Twitter may seem like a gamble for both sides, but Flynn said Tuesday in an interview with Cheddar that it can be an interesting and useful way to develop new viewing habits and test what works and what doesn't in an increasingly digital and fragmented media landscape.
Viewership for live sports, for example, has steadily declined for traditional media outlets like ESPN. In recent years, major sports leagues have turned to nontraditional outlets such as Twitter, Facebook and Amazon to stream sporting events to a wider audience. The NFL, which streamed Thursday Night Football games on Twitter in 2016, will show weeknight games on Amazon for the second year in a row.
Flynn said the major sports leagues, and the TV networks that have traditionally paid big money for the broadcast rights, can afford to experiment on different platforms to see where they can find the most engaged audience outside the usual television paradigm.
Twitter has positioned itself to be a proving ground for live sports content, but what happens when ESPN's parent Disney launches its own streaming service in 2019?
"That's what's super interesting about putting Sports Center Live and Fantasy Football Live on Twitter because if Disney is going to offer something and ESPN already has their stand alone app, what are you doing?" said Flynn. "I agree that maybe longevity is brought into question, but Disney has the time and resources to experiment."
Playing content in various spaces might offer media companies more of an opportunity to diversify and increase ratings, said Flynn.
"I wouldn't say TV is dead at all," she said. "We obviously watch it. But its smart to try to boost the ratings by slowly diversifying it out."
For full interview, [click here](https://cheddar.com/videos/twitter-doubles-down-on-video).
New York City's famous subway system is currently facing scrutiny after several recent attacks on platforms. Now, local leaders in the Big Apple are calling on the MTA. To step in and take action.
On this episode of Cheddar Innovates: Evolution Devices CEO breaks down how the Evowalk wearable device can help those with walking impairments; Cresilon CEO explains how he's created a plant-based gel to easily treat wounds in both humans and animals; A look at Curiosity Stream's 'The Colorado Problem.'
Pier Mantovani, Founder and CEO of Evolution Devices, joins Cheddar Innovates to discuss how the Evowalk wearable device can help those with walking impairments, and how remote physical therapy is becoming a reality.
Joe Landolina, CEO and Co-Founder of Cresilon, joins Cheddar Innovates to discuss how he's created a plant-based gel to easily treat wounds in both humans and animals.
The virtual world of the metaverse continues to present a bright future for many artistic creators. A group of six mural artists from the Bay Area have decided to turn their painted and installed murals into a one-of-a-kind collectible. Thanks to NFTS these murals can be enhanced and extend far beyond just their physical walls. Muralist and Creative Director of the Bay Area mural program Rachel Wolfe Goldsmith, joined Cheddar to discuss more.
New York City ride-hailing app drivers are about to get a pay raise. According to the city's Mayor Eric Adams, New York will increase its minimum driver pay rate for both Uber and Lyft drivers. This means both platforms would now be required to pay their drivers a minimum of $1.61 cents per mile and about 0.50 cents per minute. Ultimately, the move would give riders at least a 5.3% race. New York City Comptroller Brad Lander, joined Cheddar to discuss more.
A Senate bill unveiled on Wednesday looks to tackleonline safety for children by regulating Big Tech and social media platforms to deter users from content that can harm their mental health. Irene Ly, a policy counsel for the age-based ratings and review organization Common Sense Media, joined Cheddar News to break down the potential of the Kids Online Safety Act. "We can't be imposing such a big burden on parents to be doing it all on theirselves," Ly said. "I think you also have to keep in mind that parents often didn't grow up with social media, so they don't understand what it's like to be addicted to social media or really understand how they work."
While many still remain skeptical about the metaverse, big tech firms and even one big bank are ready to expand their virtual worlds. Facebook parent company has pivoted so hard it will now call its employees 'Metamates,' and even JPMorgan Chase has created its own digital lounge on one virtual platform. While the sector remains young, there seems to be significant investment opportunity, especially with companies like Nvidia. Adam Johnson, a portfolio strategist at Adviser Investments, joins Closing Bell to discuss which companies could win in this space, consumer appetite, and more.
