How do you find what programs to watch as the choices first go to hundreds, then thousands, and then millions.

Yahoo and online service are gearing up for the online video explosion.

A household with 300 cable or satellite channels has access to 7,000 hours of programming a day, almost 3 million per year. That's a lot, but it's only a fraction of the 31 million hours of total annual programming. Every major cable company is making investments to allow TV to be distributed over the Internet, giving you access to each one of those 31 million hours. And then there's this year's 36-fold explosion in consumer-generated video on the Internet.

This onslaught is already turning the entertainment business inside out. More music videos are being watched on AOL than on MTV. Procter & Gamble is cutting down on pricey 30-second TV spots to beef up the online presence of its packaged goods. TV Guide announced in July that it would drastically cut the amount of space it devotes to listings, an acknowledgment that viewers now turn to the Internet and onscreen programming guides. And CBS is squaring off in a content-indexing smackdown with Google. Meanwhile, the guy down the block has turned his backyard into a back lot, his basement into an edit bay, and he's landed a global distribution deal - with his ISP.


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