The future of TV has transformed in many ways. It started from a small box with rabbit ears to thin sleek flat screen design. When time and people change, so does the technology. Over time, companies like Samsung, Sony and LG have transformed their TV’s into a total entertainment experience by implementing high definition quality and 3 dimensional capabilities. But now there are challenges set for these companies to face because of the cord cutting as well as the online streaming phase.
With the rise of online streaming taking place, TV sets are going are not going to be in any good use since 10% of the US is going to cut the cable. LG has TV sets that are equipped with an internet connection that allows full streaming and accessing the web. Apple has already gone ahead and introduced Apple TV that uses an internet connection to access content online. In addition, Boxee had started to appear in most households in the past 3 years. It allowed a family to watch TV show together when everyone had time. The amount of content that is available online doubles the amount available on cable. In fact, viewers usually have to wait for a particular time to watch their shows. In the next five years, it is projected that nearly 10 percent of the US population is going to cut the cord. In other words, the concept of cable is going to instinct. The idea is viewers want to be in control of their TV shows. Many viewers have not been able to make it home on time to watch their shows, or missed last week’s show. In other words, if they didn’t watch the last week’s show, chances are, they’re not going to watch it this week. With online streaming, viewers have full control of what they want to watch, and when they want to.
To add to the simplicity of accessing premium content online, video indexing sites like TVRecaps.com have indexed close to over 13,000 videos from a lot of trusted sources. Videos include TV shows and movies that date far back from the early 70’s. Users would be able to search for and be able to watch TV shows online on sources like iTunes, Amazon, Blockbuster, etc. The content available is catered to all users across the world so they can easily access the videos in their region. TVRecaps.com delivers not only videos, but also allows users to fully interact by reading the latest about TV shows, actors bios, or participating in the forum about the latest Hollywood buzz. In addition, the mobile apps will allow users to increase the control and customize their settings. For example, a user may want to receive alerts about when the next episode of Jersey Shore will air. Also, users may want to interact with other users about TV shows and the app will allow them to.
Other alternatives to TV have been in place like webtv. Web TV has been making its presence rather quickly. Big name actors such as Tom Hanks, Kevin Spacey and Steven Van Zandt are already starting the web TV trend. In fact, Yahoo is partnering with ABC news for web video, and licensing original comedy which too will be featured on our site. YouTube is spending $100 million on original programming.