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Watch out cable, local TV: Here comes Hulu.com

This little exchange from some of my Facebook friends may illustrate a fast approaching business model crisis for television and cable owners.

It went like this:

Friend A: “Friend A is addicted to Hulu.”

Friend B: “We enjoy watching Hulu as well. We don’t have cable TV so it comes in handy.”

Friend A: “Yuppers. I’ve been cable-free too for 3 years now.”

If Hulu.com catches on, cable companies will face a real challenge holding on to their market, big networks may have a shot at leaping over local affiliates, and local old-school teevee stations will get crunched.

On a related note in the file of “When it rains, it pours”, catch a sneak-peak at the Review-Journal’s two daily video works-in-progress. Click here for RJTV and here for VegasLand. I think you’ll like them.

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