Some are arguing that Netflix. Hulu, news sites, iTunes and other Internet services provide everything that TV does and with more convenience and less expense and that TV may be dying. One proponent of this view is the well-known financial analyst Henry Blodget. Writing at BusinessInsider, Blodget says TV is going to suffer the same fate as newspapers and is on its way to being an unprofitable business:
Bottom line, as it has in newspapers, the TV business is going to have to get radically more efficient. It won’t disappear–newspapers haven’t disappeared–but the fat and happy days will have to end.
On the other hand, technology writer Dan Frommer has a post If You’re Expecting The TV Industry To Just ‘Collapse’, Keep Dreaming. He begins:
The Internet has already changed the television industry significantly, and will continue to do so. But the idea that the web will cause the TV business to “collapse” is fantasy.
What’s your opinion? Are you watching less TV and using the Internet for movies, news, and so on? Do you think TV is dying?