Wednesday, June 09, 2010

Boxee and Beyond: Will Quality Television Drown in the Stream?

Despite the clear disadvantage, one thing is clear: the online audience is growing. Hastened by a down economy in which many jobless, part-time or underpaid young professionals, raised on the internet and responsible for the rise of YouTube, are looking to cut corners and save money any way they can, streaming video is slowly chipping away at traditional TV's dominance. According to consulting firm Parks Associates, 8% of adults watched at least one TV show on their computer at least once a week last year, up from 6% the year before. New subscriptions to cable are slowing to record lows, and most startlingly, the Parks Associates survey found that nearly one million Americans forwent cable altogether, relying solely on the internet to watch their favorite television shows.

From the article, "Boxee and Beyond: Will Quality Television Drown in the Stream?" by Jordan Zakarin

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