Eric Schmidt: television 'already over'

Eric Schmidt: television is 'already over' - Telegraph: "Speaking at a gathering of digital advertisers in New York City last night, Mr Schmidt refused to forecast when internet video would displace television, instead declaring: "That's already happened." "It's not a replacement for something that we know," he added. "It's a new thing that we have to think about, to program, to curate and build new platforms.". . . "I thought that YouTube was like TV, but it isn't. I was wrong," said Robert Kyncl, YouTube's global head of content. "TV is one-way. YouTube talks back.". . . Yesterday's announcement is a distinct change of tone, with a focus away from content production to the YouTube platform itself. More 18 to 34-year-olds watch YouTube than any cable network in the United States, and the site's popular system of user comments and thumbs up/thumbs down voting on videos has become an industry standard for video sites and newer ventures such as social news site Reddit." read more at link above


more news below

Follow @expriorg