The new television
Todd Merriman
The very idea of television is in the midst of a stunning re-imagination; new technologies are changing how content is created, distributed and accessed. Digital technology and the internet exposed the music industry as little more than a house of cards, easily toppled by enterprising technology firms (most notably Apple, now arguably the most significant music company in the world). Now these forces similarly threaten to loosen the stranglehold the major studios, broadcasters and service providers have had over the medium of television, and call into question the value of TV advertising, both the underlying...