Television is dead! Long live television!
This, the ancient cry of royal succession, is entirely appropriate to herald what’s happening right now—literally before our eyes—to the medium of television. TV has ruled our lives and lifestyles, our news and entertainment, our politics and (through advertising) our economics since network broadcasting began in 1949. And now its sovereignty is over.
via The Future May Belong to Web and Mobile Video, but TV Will Survive | Adweek.