People think about the world of TV and the world of online video as being different ways to distribute video. But what happens when every TV is connected to wi-fi with a browser?
The television business, by virtue of what's happened to streaming, it's really turned the traditional television business upside down.
Movie distribution may very well have migrated fully to digital form by then, making a huge dent in the need to print film and physically distribute content.
We all know that technology has advanced to the point of watching TV online.
People just don't sit down and watch shows live anymore. They DVR it. They stream it; they watch it on Netflix or iTunes.
Flash Video made platform sites like YouTube possible as well, and helped kick-start the online video revolution.
Prior to [streaming], the idea of sitting down and watching a show every week seemed like a great idea.
I am a Netflix/DVR junkie. I don't like to watch TV without a plan.
The online video business started in both China and the US around 2005/6, when broadband penetration grew big enough.
Just as the cable revolution overturned broadcast, the net is destined to become the dominant mode of video, both in terms of transit and programming.
Every big platform wants to be the video platform.
With less and less television being watched live, consumers are enjoying the freedom to record at home or in the cloud, watch locally or on the go, and binge watch entire series that they never had the time to enjoy.
It is obvious that the Internet has become such a video-driven entity. With broadband becoming ubiquitous, viewers and advertisers are looking for professional-quality videos.
I ain't gonna work on YouTube's farm no more.
YouTube has a stigma about only kids watching it. That's true. It is mostly kids and teenagers who watch it. But I've never made videos for teenagers. They should not be watching my videos.
We started on April 1, 2003. So long ago, you couldn't watch video in a web browser; you had to watch it in a different player, like in Quicktime player or something like that.
Video is moving online in a big way. It's proven to be a challenging market for some companies that start out as a pure Internet company such as Joost.
