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Someone will have to figure out what to do in case of a person wanting to watch an American show when living in England or another foreign country. Your Internet Service Provider may choose to integrate local advertisements into TV program, as American commercials won't be relevant to viewer overseas. TV-On-Demand (paying for individual shows) may also become one of main viewing options.
The main bonus in having television on Internet is idea that we will have more control over our lives. Instead of having to watch a show at a designated time that your channel decides, you will now be able to watch what you want, when you want it. No more missing shows, having to tape episodes, or worrying about your kids seeing something that you feel isn't suitable. The watcher becomes ultimate controller of viewing reality, so theoretically life becomes easier. I won't dispute this fact but I will always be a firm believer that life truly improves when we improve our attitudes towards it. I also feel that what we produce presently on television needs to start evolving as much as technology that provides it. Violence, crime, murder and death on News and primetime are getting as old as my underwear. I won't mention in what year they were purchased.
Just because there will be less channels to choose from doesn't mean there will be less to watch. On contrary, there will probably be more and more shows and chance for you to put your own show out there on a web site means much more variety. Broadcasters may keep producing groups of shows on websites, but there will surely be much more competition from producers who work on their own.
Jesse S. Somer M6.Net http://www.m6.net Jesse S. Somer grew up in the USA where there were over forty channels twenty years ago. Now there are around 550. This number may soon recede, hopefully more quickly than his hairline.