Americans hugely addicted to TV, but money doesn't follow
This situation led to an unintentionally amusing audience question at a New York conference last week on the future of television. An audience member was confused about how viewership could be up but ad revenue could be significantly reduced; top network execs patiently explained that just having eyeballs wasn't much good in a major economic downturn. If advertisers don't have the budget to buy, it doesn't matter if your network reaches two billion people a night. (The lesson could also be applied to any web startup concentrating only on eyeballs, as though users automatically equal revenue.)
