Wall Street Journal, NY Times now TV stations

You were wondering what "Toast" was all about, right? Well, wake up and smell the roses. Everything is going video, even though it may not be readily apparent here in our neck of the woods in Sacramento. A recent report by Knowledge Networks shows that online viewing continues to eat into the time spent watching cable or network television. See http://tinyurl.com/6gt88sc.

And it's not just Gen Y. Boomers are also watching more shows online that were traditionally viewed on cable or network television.

Yesterday, the New York Times reported that the Wall Street Journal has expanded its daily video offering to 3.5 hours of live programming and has plans to add to it. This is in direct competition with the New York Times' own TimesCast, which offers short video summaries of certain news events.