Broadcast News is already obsolete when it comes to financial data, say net users. Twice as many investors prefer to get stock information on the Internet than from television. And it looks like the Net might be about to replace TV altogether as the news source of choice Stateside.  ?Technology is rendering obsolete the predominance of the network newscast,? says television historian Alex McNeil. According to a survey of more than 3,000 adults conducted by the Pew Research Center for the People and the Press, he?s right. The growth of news sites on the Internet is steadily eating away at the audience of traditional broadcast TV news shows. In the US, 32 percent of college graduates younger than 50 visit news sites on the Internet every day, compared with only 20 percent who watch the evening broadcast TV news every day. The survey also finds that 33 percent of people access the Internet at least once a week for news, and 15 percent access the news online every day. We?ll have to wait until someone conducts a similar survey in Europe to find out if the same trend is happening over here.  

Pew Research Center Director Andrew Kohut says the survey is the first of its kind to thoroughly examine the Internet’s impact on broadcast TV news.