Diane Mermigas writes:
The potent combination of Google's search savvy and YouTube's handle on Internet video will yield the first viable new-media successor to broadcast and cable television, which for decades have squandered the ad-supported critical mass they have enjoyed in what was once the only home screen. ¶ If you believe that there is no going back from a future of on-demand digital TV programs, movies, music, data and communications, then the new Google-YouTube union offers the interactive infrastructure and tools needed to manage and monetize Web-based digital video that is for now unmatched by broadcast, cable, satellite and telephone platforms. Even such other Internet content aggregators as Yahoo!, AOL, MySpace and Microsoft's MSN are playing catch-up with varying degrees of content creation, organization and utilization. ...
Link: Hollywood Reporter.