For clarity, stating the difference between the two is beneficial. "TV" is a single-channel system, in that the user has a single input to control their output:

For clarity, stating the difference between the two is beneficial. "TV" is a single-channel system, in that the user has a single input to control their output: which channel. 1:1. "The Internet" has a much broader range of control, simply by the mechanism of processing input before sending output. No longer is input:output 1:1. Honestly, I'm disappointed this even made it to the front page. "who will win" TV vs internet is no longer a legitimate or interesting question. Unless we're having a business or politics discussion about industries lobbying their way to success, there's is no room for rational disagreement about who will win. The internet will continue to cannibalize TV from the bottom up (or the top down if you want to go by ratings). I had a Diamond Rio pmp300 32MB mp3 player in 1998. An iPod didn't come out for 3 years. An iPhone didn't come out for 9 years. Even though the Diamond only held 8 songs, I knew the SECOND I hit play that every other mobile audio technology was dead. It was just a matter of time. I think sometimes - subconsciously - we believe too much in the efficient market - that if we see an opportunity for arbitrage that WE must be wrong - the market must have already accounted for it. But that's just how things work... sometimes very obviously correct concepts take awhile to actually take hold. TV already lost. It will just take the world a few years to realize it.