Ed Dreistadt reports on a New York Times article that says that TV is doing "fine," despite the fact that other old media like newspapers are dropping like flies. As Ed notes, some of us are not so sure. I'm regularly bumping into people that are telling me they hardly watch TV anymore. They get news online, and they can download most TV shows and watch them whenever they want. And of course, a lot of what we used to watch on TV can be accessed as short snippets on YouTube or the network sites. Why stay up and watch Saturday Night Live when you can simply check the blogs on Sunday morning, see what was funny, and then watch just the funny segments on the NBC Web site?
I have been predicting the death of TV for a long time, but it is happening faster than even I expected. I really don't know how the cable TV companies will stay in business, and the bad economy will likely accelerate the problem. If you have to cut household costs, which would you cut first? Internet or TV?