Eric Schmidt: television 'already over'

Eric Schmidt: television is 'already over' - Telegraph: "Speaking at a gathering of digital advertisers in New York City last night, Mr Schmidt refused to forecast when internet video would displace television, instead declaring: "That's already happened." "It's not a replacement for something that we know," he added. "It's a new thing that we have to think about, to program, to curate and build new platforms.". . . "I thought that YouTube was like TV, but it isn't. I was wrong," said Robert Kyncl, YouTube's global head of content. "TV is one-way. YouTube talks back.". . . Yesterday's announcement is a distinct change of tone, with a focus away from content production to the YouTube platform itself. More 18 to 34-year-olds watch YouTube than any cable network in the United States, and the site's popular system of user comments and thumbs up/thumbs down voting on videos has become an industry standard for video sites and newer ventures such as social news site Reddit." read more at link above

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Popular streaming channels: Netflix: The king of movie and TV show streaming. $7.99/mo. YouTube: User-submitted videos and some original programming. Free. Hulu Plus: TV shows days after they air and some movies. $7.99/mo. Amazon Prime: A strong Netflix competitor with other Amazon benefits. $79/year. Crackle: Movies and TV mostly from Sony's library. Free. Vudu: Movie rental site owned by Walmart. Fees per movie

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