Is YouTube the future dominant media?

'YouTube is the 3rd most
 popular website in the world'

As technology advances, and we become more dependant on the Internet, you really do have to question if in the years to come 'will TV become redundant?' Even now, in the year 2012 there are so many alternatives to watching programs on the TV. For example, some people do not have a favourite TV show anymore, they have a favourite channel on YouTube. RayWilliamJohnson, is the most subscribed person on YouTube (when you subscribe to a channel, it means that you will receive e-mails every time they post a video) he earns millions of dollars a year!

'WattieTV Logo'

YouTube is used for many things, tutorials, vlogs, gaming, reviews, etc. I have a friend who has a gaming channel (WattieTV) and I believe that his channel is coming along extremely well, and for anyone reading that wishes to view Alex's channel 'Click Here'. I believe that this is the future of media, not just this channel but the idea of being able to view a TV series online, where anybody can create and upload their own videos allows for their to be more variety out there. The reason I say this is because on TV is restricted in many ways, because the broadcasting companies (BBC, ITV, Channel 4, Sky, etc.) only have on the TV what they think will get the most views. So they are basing all of their judgments not on the quality of the program, but whether it will 'speak' to a wide audience. Although there are some disadvantages,  such as the fact that you will need at least a bandwidth speed of 2 MB/s to ensure that you could watch a video from YouTube without it having to buffer half way through the video, and also it is not as reliable as TV because you are relying on a channel to provide you with entertainment, and if they cannot upload for whatever reason, then you will not be provided with your entertainment. Both have their advantages and disadvantages, but overall I think that Internet channels, blogs, etc, (not just YouTube) will become the future of our viewing pleasure, where you can just simply subscribe to somebody who is providing you with something that you want to watch, and not just making do with some of the catastrophic programs that currently grace our televisions!