I went through an article in times magazine on the rush of Hollywood scriptwriters that are striking for a share of the money that Internet TV will generate in the future. I concluded that the emergence of this market will soon take a large competition of the satellite programming very soon than expected.
The major Internet player such as the big giant Microsoft has launched her maiden edition of the online TV of recent, this is a sign that Internet TV is a phenomenon that has come to stay.
Presently, internet television is just a small percentage of the global TV viewership, but it is growing at a galloping trend, this I told a colleague who asked how much of satellite programming and television is been delivered by the Internet.
With the increasing digital downloads of videos on demand, TV shows and programs onto personal computers, iPods, and cell phones that generated over $279 million in revenue in 2006, it means that the market is up for grabs by diverse TV market players.
It is argued that this amount is insignificant compare to the $71 billion in advertising revenues collected the same year by broadcast and cable TV. However the online and internet services are gradually generating its own market by the overwhelming visitors that are hooked everyday.
It is estimated that one out of every four Internet users becomes hooked. The market trend for this probability to compete seriously with cable TV is very high. When Internet TV comes to stay, it will definitely and fundamentally change the ways we watch TV.
Players in the computer, telephone, and television industries are preparing for this as most of these services are vividly present on the Net with video streaming of their services and shows. Most TV stations do broadcast their show online live in order to increase their market and fan base for their popular shows and programs.
They are making it possible these days for you to be able to download your favorite shows and watch them at your convenience, instead of waiting for them to be broadcast or sent across the cable at a certain time.
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