Wednesday, March 07, 2007

Internet Killed the Television Star

We're probably seeing the beginning of the end of the cable industry as this article suggests:
Television is big business. No, let's not understate it: television is very big business. The global broadcast and cable television industry generates billions of dollars worldwide annually from subscription, equipment, advertising, and service fees; and is dominated by huge media conglomerates like General Electric, Viacom, News Corp., and Disney. The new kid on the block is Internet Protocol TV (IPTV), which sends television signals over the Internet - and the early forecasts are bright. Research firm iSupply predicts that IPTV will be a $26 billion industry in 2010, while Gartner says that 3 years from now IPTV will have the attention of 48 million pairs of eyeballs.

This post looks at 3 new IPTV startups (plus a couple of "sort of IPTV" websites) that have been gaining steam over the past few months. Analysts and pundits view these companies as competitors to the cable industry, far more so than video sharing sites like YouTube.

read more | digg story

1 comments:

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Kaylee

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