Current technological and social trends are paving the way for the Internet to topple television as the dominant source of home entertainment. The line between television and the Internet is already rapidly blurring.
Over the past 20 years the Internet has changed the way we communicate, get information, and do business. Now it’s turning socialising and entertainment on its head. And that won’t take 20 years. Two years would be closer to the mark.
Time spent in front of the TV is falling and Internet usage is climbing. A recent Australian survey found that the average Australian spends as much time on the net as watching TV. Â Â Â Â
Download the industry briefing paper I wrote for Lincoln Crowne & Company (an independent boutique investment bank) for a detailed analysis.