Introduction
In a recent example of television and the Internet converging, Amazon executive Peter Larsen on April 2 displays Amazon Fire TV, a video-streaming device that allows users to view on their television sets content that is being delivered over the Internet. The new gadget costs $99. Similar devices include Google Chromecast, Roku and Apple TV. (Getty Images/Andrew Burton)
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Television viewers increasingly watch their favorite shows on their smartphones, tablets and computers. And TV sets don't even need a broadcast signal anymore: Services such as Netflix are supplying content to screens of all kinds by streaming it over the Internet. The Internet-TV convergence is sparking major changes in the television industry. Debate is raging over a proposal by Comcast, already the country's largest cable TV and high-speed Internet provider, to acquire Time Warner Cable in a $45 billion deal that has raised antitrust concerns. The Supreme Court is expected to decide if the startup firm Aereo can transmit over-the-air television programs to subscribers via the Internet without paying networks for the content. And the steady rise in pay-TV bills is fueling consumer outrage. Industry defenders say viewers are getting more for their money, but some disgruntled viewers are “cutting the cord” on subscriber services — an option becoming more appealing as more programs stream over the Web.
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