CES 2016: Digital video to overtake TV by 2020… says YouTube

By John Bugailiskis

LAS VEGAS - The chief business officer for YouTube predicts people will be watching more online digital video than TV by 2020.In a keynote speech at the Consumer Electronics Show last week, Robert Kyncl says viewing patterns are shifting dramatically. “I believe digital video will overtake TV to become the single largest way people spend their free time before the end of this decade. With YouTube being a major driver of that shift."Kyncl also announced that YouTube's premium subscription service, Red, will begin producing original content including new shows and movies (like TV companies have for ages…). The announcement signals...