Over the next few months, Sony and its competitors will introduce a new generation of Web-connected televisions - and services that will stream movies, TV shows and music over the Internet and onto those sets. The idea is to make it easier for consumers to bypass cable and effectively create their own personal TV channels.

Web delivery of TV content won't be a huge revenue stream for years. Excluding income from video games, online video revenues may rise to $800 million by 2014, up from $180 million this year, according to researcher Parks Associates. This year cable and broadcast companies will take in $51 billion from advertising alone, forecaster Magna Global says.

From the article, "Sony's Move into Web TV" by Cliff Edwards and Ronald Grover

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