This entry was posted on Saturday, September 13th, 2008 at 2:51 pm and is filed under Mashable. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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I know there’s a good portion of you that are going to instantly groan at the headline, either because it’s a territory that’s been hashed out a number of times from a number of different angles or because you’re one of those folks who simply doesn’t believe there are such thing as “killer” technology (I’ve had that conversation with a few folks recently). But Duncan Riley put out an interesting, if not provocative, editorial this evening entitled “Television will be the first traditional media medium to fall.” Personally, I have always felt that radio would be the first to falter, though in a neck-and-neck race with newsprint, but Duncan Riley puts some new stats to work in support the prediction today:
The stats are compelling, and certainly point to an uncertain future for Old Media television, particularly in the face of the ever increasing volume of studies showing that pretty soon we’ll be watching video online more than we’ll be sleeping. Duncan goes on to say that while newsprint and radio have some harrowing times ahead of them, they’ll survive. At least, for now.
Newspaper death watch. Wise newspaper publications are managing some sort of a transition to an online revenue, but most companies that have their base in serialized news in the printed form still have problems adjusting to the new formats that we in the blogging business take for granted. Duncan is very positive that newspapers will always go the distance because of the need for quality journalism. Unfortunately (at least for the newspaper industry) I don’t see this as a particularly convincing argument. Quality journalism can and does take place outside of newsprint, and for a much greater profit. Some traditional text journalism outfits may realize this and make the transition. Most won’t. Disclosure: I may be particularly negative towards newspaper futures due to the fact that in a previous life I consulted for several newspapers in their New Media efforts. In my experience they’re generally not a very forward thinking bunch. TV death and destruction. In this situation I think it’s silly to say we’ll stop watching video in our livingrooms on television sets. Where the video that plays on those sets comes from is very likely to change very soon. Just yesterday I talked about a very clear path for Netflix and Roku to make a play for the livingroom very soon, but they’re obviously not the only ones competing for eyeballs. TiVo, Apple, and a cadre of other set-top device manufacturers are working on taking real-estate in your entertainment center. Traditional television has something that no set-top box solution has tackled or mastered yet (aside from coverage of live sporting events), and I’ve talked about it in the past here in my editorials on the subject: the “veg-factor.”
Very simply, no one is doing this for the set-top box experience. Until there is a one-to-one equivalent for this, you won’t see a complete replacement for television. Radio apocalypse. But the fact remains that new technologies like smartphones and other pocket devices coupled with the impending ubiquity of wireless Internet access makes things look pretty bleak. I say that, and I can almost hear Steven Hodson’s voice cracking as he crankily reminds me that impending ubiquity of access is anything but certain (most likely because he reminds me once a week on Elite Tech News). He makes a compelling case for it, but recent news like the coming embedded “Internet Chips” from Intel as VentureBeat reported on the other day makes me think otherwise. Here’s the thing that really makes radio’s future look particularly bad compared to the rest – the record labels. Talk radio is very ably making the transition to podcasting and other forms of online audio entertainment media types, but the record labels have very famously dug in their heels and made it next to impossible for broadcasters to adapt their business models for the online environment using popular music. Given that, it isn’t surprising to see radio clinging the hardest to their dying business models. I predicted back in December that we’d see an end to at least one major record label this year, and I stick by that assessment. Given that the mainstream record labels are so integral to traditional radio’s survival (and their demise is key to online radio’s ascendence), I think it’s now more than ever we should be looking to traditional radio as the first to die off. — 5000 Phone Calls in 48 Hours Popularity: 4% [?] |











