From ReadWriteWeb Editor-in-chief Richard MacManus' report
on the 2012 International CES, the world's largest consumer technology trade show:
"Traditional TV networks have already been disrupted by time-shifting devices, which enable consumers to fast forward through ads. The next step is bypassing TV networks altogether, as consumers increasingly access TV content via the Web. YouTube is undergoing a transformation as we speak: from a place to watch cat videos on a PC, to a place to watch high quality professional video content on a TV set.
"While popular TV network shows such as Mad Men and Breaking Bad will continue to reach a large swath of people, Internet TV opens up opportunities for new types of video content to emerge and become popular too. Formats will evolve. We'll see TV stars and brands creating their own YouTube channels and releasing short bursts of content to the Web. But also, we'll see web applications arise that mix TV content with Internet programming. This is fertile ground for publishers to innovate and for marketers to latch onto to reach niche audiences."