there’s a big elephant in the room on viral video for politics. youtube could be for local broadcast what craigslist is for newspapers. most local broadcast stations desperately need political advertising to stay in the black. if the advertising pie doesn’t expand and dollars are shifted out of mainstream broadcast to online — as we’re seeing elsewhere already among major advertisers — this could have a serious impact on bottom lines at struggling affiliates.Local affiliates are already facing a bleaker future than they'll breath out loud because when the internet grows to become the dominant means of distribution, their value as distributors only shrinks. I hadn't thought of political advertising as their Craigs List but I think he has a point. All political advertising won't migrate online yet because the audience on broadcast is bigger and campaigns are inherently conservative. But there will be a point of no return.
Over at Buzzmachine, David Johnson leaves a provocative comment on the impact of YouTube on local TV stations if and when political advertising migrates online: