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From my instagram post late last night:
"To my friends in the motion picture industry who might have missed the news in November 2017. The FCC authorized the ATSC 3.0 standards, something that took over 5 years to do. Those letters might mean nothing to you now, but what this does mean is a new broadcast standard with an internet protocol backbone is coming. The specs at the moment describe UHD 4K @ up to 120 fps and UHD 8K up to 60 fps w/ HDR support and every other lower res standard as well. While this is a heartbeat away from the US at the moment, take notice that it's already being deployed in South Korea. Much of this will take effect by the end of the year with most television manufacturers. By the end of next year it's going to a different planet industry-wide and streaming is already "there", but this was a big Boulder to move to get broadcast there. Just something worth paying attention to if you are shooting anything in the next year or two."
Just circling back to Netflix, it is massive what they've accomplished particular with 4K and HDR. When Netflix started and gained traction their "target" was to be the streaming HBO both in produced and licensed content. They have done that and now even HBO has a streaming service. Now everybody else wants to be Netflix. The premium they charge for UHD 4K in home btw more than enough pays for 4K delivery, I can only see them go to 8K from here in a couple of years if they want to keep to that model.
On that somewhat distant future side of things, 8K streaming starts at the end of the year with a trickle, then the dam cracks a bit more open in 2019, further still in 2020 by a fair amount due to the Olympics and other things happening. Budgets for productions finishing in 8K have been around for about 2 years now and it's a slow, but growing trend outside of the "norm" currently.
Of interest on the mobile and in home streaming front. 1080p to devices is being pushed as "normal" shortly. The 3-ish MB/s it takes to stream UHD 4K in "good quality" becomes easier Q3 of this year. The biggest questions now are how ISPs and mobile providers will price newer and higher speed tiers for both landline and 5G. Midway through the year we should hear that 125MB/s (gigabit) is the entry level of premium internet for both landline and mobile.
I'm not saying sub-4K capture and 2K delivery is dead, but for much of the level of work we're talking about I would say it'd dead within 2-4 years now.
Stay tuned for prettier pictures after these words from our sponsors.