Ever since the silicon valley bubble burst in the late 90s, most television broadcasters or advertisers don’t think that the internet is a viable form of competition. The online business models are (with a few major exceptions) not able to match the revenue of Tv networks, but even if this were to change, Big TV maintains that their higher quality programming will be their ace in the hole.
Well Youtube may have just played a straight-flush.
With today’s relatively inexpensive high-definition cam-corders and editing software, it is possible for just about anyone to create a professional quality video file. All that remains is a little creativity with sets and costumes, as well as a strong writer, and you have content that can rival most hit tv shows.
Here we see the Time Machine my Chad Matt and Rob. These guys have managed to put together an incredibly high quality video that actually goes beyond the boundaries of TV by creating a choose your own adventure story. I know I’ve used Larry Lessig’s speeches before, but this once again brings up the infamous competition between ASCAP and BMI recording companies.
The Time Machine won’t shut down NBC or Fox, but maybe it’s the first step in a trend that could create a new balance in conent creation and distribution.
