Web Video Finally Trumps Television

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Written by superadmin
Wednesday, 16 February 2011 22:52

 The latest news from the New York Times says American Internet Use has caught up with TV use, and Americans now spend as much time using the Internet as they do watching television. Research cited by Forrester Research also indicates the amount of time people spend on the Internet has increased 121 percent over the last five years.

Author Joshua Brustein wrote the New York Times Article, detailing surveys by Forrester Research, that show this is the first year that people in older age groups are spending more time with the Internet than television, something that people younger than 30 have done for the last several years.

At first glance, this seems like further evidence of the much ballyhooed, if statistically suspect, trend of cord-cutting, whereby people transition from watching television to streaming online video. Pay TV subscriptions in the United States are down this year. In addition, wireless carriers like Verizon and Sprint have been encouraging the idea that faster new wireless networks could serve as a substitute for landline broadband services. So cable companies that bundle broadband access with cable television service are seeing threats on multiple fronts.

Forrester’s survey does show a significant increase in the number of people using the Internet to watch streaming video; 33 percent of adults surveyed this year said they use the Internet to watch video, up from 18 percent in 2007.

Copyright the New York Times 2011

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Last Updated ( Wednesday, 11 May 2011 11:18 )