Just read this article on TelephonyOnline. The new news here is that people watch streaming video on the web between 7 - 10 PM. That is very significant for TV. I believe that the access to broadband and improvements in quality and availability of content has finally tipped users to viewing video the web. Some interesting data the article quotes from the Sandvine report, the key source for this article:
Another industry being re-invented by the internet!
Real-time entertainment traffic – including video and audio streaming and Flash media mainly – accounted for 26.6 percent of total traffic, up from 12.6 percent the previous year. That percentage grew to 32.8 percent during peak evening hours. WOW!
Meanwhile, peer-to-peer traffic fell from a 32% share of all aggregate traffic in Sandvine’s 2008 survey, to 20 percent in 2009.