The End of the Television

Author: Ajeet Khurana
Published: February 11, 2012 at 6:19 pm
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Once a mainstay in every home, the television is now finding itself becoming less and less relevant in the modern age.  A few decades ago, television was the premier source of information for households who wanted to stay up-to-date on the latest news, events and who also wanted to enjoy entertainment directly from the sofa.  Even as television manufacturers continue to release bigger and better televisions with new technologies, the overall trend is one that will see the demise of the television.

Demographic Shifts
Numerous studies and reports have shown that individuals under the age of 35 are spending less and less time in front of the television while older individuals are actually watching web TV more than they used to.  “Millennials” are buying very few television sets when compared to their peers and have been disproportionately affected by multiple factors that contribute to how much someone watches television.  More electronic gadgets, less money per capita and busier lives are leaving a generational gap when it comes to traditional programming.

Technological Shifts
While TV viewing rates are down among younger individuals, the amount of information “consumed” is actually increasing and appears to be coming from other sources.  Smart-phones, computers and other portable gadgets give individuals the ability to view and stream content without having to watch a television.  Add that to paid streaming services and pirating of virtually every show imaginable by millions of people, including those who work in television, and you begin to get a bigger picture of why those who love technology are not using the classic tube anymore.

Environmental Shifts
Even though older individuals, many of which were part of the first generation to enjoy television on a wide scale, are watching TV more than ever in their retirements, many who are still part of the workforce simply do not have the time or money to do so.  The average individual's life is busier than ever, with many people working long hours and simply not having time to watch television.  There are also many who simply cannot afford the cost of a television or television service and therefore do without.

While television isn't exactly dead just yet, soon will come the time where the sight of a television will give us the same feeling of reminiscence that a VCR or rotary telephone does.  The concept of television (viewing selected content on-demand) is here to stay but the design and function of the television is quickly becoming a thing of the past.

 
 

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Article Author: Ajeet Khurana

Ajeet Khurana has two decades of experience in getting businesses off the ground. His experience is in the business of offline Education with a fair dose of online experience. In addition, as an active angel investor, he is well versed in all aspects of early stage investments. …

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