We have reached a technological tipping point as the integration of web video, HD TV, and high speed internet access brings high definition content to virtually every computer. Movies, news, and video from thousands of sources is everywhere.
While this is great for consummers, it presents a number of very serious issues for entertainment companies, newpapers, and other content providers whose business model does not include delivery of content over the internet. Many older media companies are in serious financial trouble and some are close to bankruptcy.
There’s a downside for consummers as well because most of the news and video worth viewing is still produced by professional reporters and videographers who work for old style media companies. Hopefully, most of these folks will find their way to the net.
This sea change will bring opportunity to internet videographers who can step up to the challenge of providing HD quality video and audio in large quanities.
