Content Revolution: Winners and Losers

This column was originally published on RealMoney on Nov. 10 at 4:03 p.m. EST. It's being republished as a bonus for TheStreet.com readers.

This week has brought a flurry of developments in the ongoing content revolution. Two of these developments got a lot of press, but only one really matters, as it is a positive for two of the companies involved in the future of video content.

• In a flash of corporate vision akin to the tobacco companies recognizing that smoking causes cancer, NBC and CBS announced that they will join ABC in letting people access their content in new ways.

• Yahoo! and TiVo announced a deal in which the two companies will work together to enable TiVo-recorded content to be more easily accessed from more places and in more ways.

• Grokster, the highest-profile P2P platform out there today, capitulated to the music industry and will no longer allow consumers to download its software.

So let's recap.

The fact that NBC and CBS will enable some of their distributors to make their respective content available to subscribers for 99 cents apiece after the shows have been broadcasted simply isn't big news. ...