Is Web Video Really Hurting TV?
The current conventional wisdom is that the rise of Internet video may mean the end of television as we know it — a view that extends to the music industry as well, as we’ve seen before. Viacom’s $1 billion copyright infringement suit against the Google-owned YouTube continues to lumber on, and the TV writers’ strike has led to speculation that the lull in new TV content could drive more viewers to the Web.As Forbes recently pointed out, much of the TV industry’s anxiety is based on the assumption that entertainment viewership is a zero-sum game — i.e., if more people are watching programming online, then fewer are left to watch TV. But not much data has been offered to prove that sites like YouTube are actually responsible for declining TV ratings.
© Jed Lewison