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Nokia Says Social Networks Will Replace TV Networks

Nokia Predicts Social Networks Will Kill TV NetworksOver the past few years online social networks -- sites like MySpace and Facebook -- have grown exponentially to the point that that they've caught the eyes of the more "traditional" media types. MySpace was purchased by Fox who launched MySpace TV to bring bit-sized entertainment to its users. Now, Nokia is predicting that within five years social networks like MySpace will out-pace even traditional television networks and record labels, something the company calls "Circular Entertainment."

Nokia says that people will become more interested in sharing entertainment created by their friends for their friends including videos or music that will get passed around social networks and continually refined within small groups.

That's an intriguing concept, but we can't help but think the folks at Nokia and the Future Laboratory, who ran the study that came up with these findings, have far more talented friends than we do. We like independent programming as much as the next person, but regardless of how stale Saturday Night Live has become, we'd much rather sit down and watch that than vids of any of our friends acting goofy before a camera.

At least for now.

From Tech Digest

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