If you’d told someone a decade ago that online entertainment would take over from live options, and possibly cause the latter to one day become obsolete, they would have laughed in your face. But now, that seems like a real possibility. Online entertainment has gradually become superior to numerous live versions of things, and developers are working on ways to enhance other aspects that haven’t reached the desired level yet. The way the entertainment world is heading in an online setting, virtual versions of games, television, and films may be the only options in another ten years. Ernest Cline’s vision of the Oasis in Ready Player One may turn out to be an accurate prediction rather than a fantasy.
Embracing Online Entertainment
Online entertainment has been driven forward by intense competition and saturated markets. When it comes to bustling sectors, the online casino industry thrives the most by far. The industry spread across Europe and North America first, with countries like Canada leading the way. Now, there are more than 1.6 billion people who gamble around the world, and they have been drawn in thanks to the advanced technology and immersion found online. Live casino options, like Ruby Roulette and Emerald Blackjack, now negate the need for players to ever set foot in physical locations, as they can sit at virtual tables across from real dealers from the comfort of their homes. Sites are also able to offer a great many more tables online than they would in the real world, where they are restricted by space limitations.
Canada is one of the world leaders when it comes to online casinos, with $1.2 billion in revenue coming from the industry in 2020. It has been found that 65 percent of people in the country will place a bet online at some point over the course of the year. Other countries have looked at Canada’s online casino sector and aimed at replicating it, with the USA now hoping to catch up with its neighbor.
The casino sector has shown what is possible when there is fierce competition to be the best. It has helped its technology progress at an astonishing rate, and now other offshoots of the entertainment industry are following the same trajectory. For instance, online streaming services have risen everywhere over the last few years in the wake of Netflix’s success. The quality of production on these is now rivalling cinema, and they are also more convenient with a greater amount of choice.
There are plenty of original blockbuster-style movies on Netflix.
Could it be True?
Many people believe that online entertainment will negate the need for live entertainment in the coming years. Is there any weight to the argument? With technological advancements constantly leading to new things that were deemed impossible in the past, there is a chance that the online world will be able to recreate and improve upon live experiences. This has already been done in the online casino industry, where live streaming options could now be considered better than in-person table games in physical casinos in terms of convenience and accessibility.
Online streaming services could replace cinema eventually as more directors flock to the platforms. Options like Netflix, Amazon, and HBO Max have given filmmakers opportunities to create the titles they want to make. A perfect example was The Irishman by Martin Scorsese. The legendary director had wanted to make the movie since the 1980s, but he’d never been able to find a production company to pick it up. Netflix eventually provided the whopping $250 million production budget required and released it straight to the platform. It was the highest-profile film to ever drop on an online service, and it could be a sign of things to come.
Trailer for The Irishman.
Virtual reality could be a game-changer as well, as it enables users to attend live events without having to be there in person. The hardware has failed to take off in the mainstream up to now, but there are some people who believe that it will be the next piece of ground-breaking technology once it becomes more affordable. Forecasts suggest that 2025 could be when it blows up, with the market possibly worth $22.5 billion by that time. Once every household has a VR headset, people will be jacking into virtual experiences all the time. They will be able to go on virtual holidays or attend virtual events such as concerts, sports matches, or plays.
What Does the Future Hold?
It seems that there is some evidence to suggest that certain online entertainment experiences could replace their live counterparts. For instance, online casinos have ballooned massively and overtaken land-based versions. Therefore, there is a chance that this industry could cause in-person casinos to decline in popularity. Online television and film platforms could also lead to the disappearance of cinemas.
There are some forms of entertainment that should always be able to survive, though. For VR concerts, trips, sports, and rides, a physical version of them must exist for people to be able to view them through their VR headsets. There will be a hybrid approach where the live and online versions of the event both exist in tandem. Perhaps people who attend the event in person will also be able to view some online or augmented reality elements.
For land-based casinos and cinemas to survive in the future, they may have to adapt to the fact that online options are taking over. By looking into ways to incorporate the virtual experience in house, they may be able to continue. For example, land-based casinos could have VR areas that provide virtual options for people to use when they are there in person.
Online entertainment is impossible to ignore, and there is a chance that every form of leisure will be better via the internet in the future. Live entertainment needs to collaborate with online versions to thrive moving forward.