The way Wall Street is falling all over itself to invest in the “new media” companies which have been created to create and distribute television in the Internet age you’d think the “old media” television companies were nearly extinct. Not true. They have learned from the music industry’s mistakes and are spending billions trying to design a business model which lets them ride the new wave instead of trying to resist it. Some have been more successful than others and we’ll take a look at them tonight in part three of our special series, “The Future of Television.”





