Don’t mean to be alarmist, but the TV business may be starting to collapse.
On Business Insider, Henry Blodget shares why he thinks the behavioral shifts around television could cause the industry as we know it today to collapse. Highlighting the drop in cable ratings and recent data from Nielsen, Blodget outlines why the TV business is looking at a problem similar to what newspapers were facing a few years ago (and still now!) It’s hard not to agree with his prediction that the distinction between “TV” and other forms of video content will soon disappear. Clay Shirky once said, “abundance breaks more things than scarcity,” and we could be looking at that situation here. Of course, if you’re a glass half full kind of person, this is the time for innovation!
Source Business Insider