Ronen was responding to the question of when will there be something worthwhile to watch on the Web. Getting Web video to your TV is becoming increasingly easy, but there are so many restrictions on the best video (network TV shows and Hollywood movies) that it is still not worth watching on the Web for anybody but geeks. Ronen himself admits that his modest goal is to get “from geeks to early adopters.”
“The Internet is just a distribution model, it does not dictate business models,” argues Ronen. The existing media companies may not like the new competition that the Internet is bringing, but if consumers move there they won’t have a choice but to follow suit. He predicts that 50 percent of households in the U.S. will have Internet-connected TVs in five years and that “Netflix is going to have more paid video subscribers in two years than Comcast.” People will pay for broadband from one provider and pay for content from others (perhaps Netflix or Hulu or Boxee). Resistance is futile because over time, the Internet will prevail.
