Archived report. This report was archived in 2006 and has not been updated. The media market is on the verge of massive changes. Several developments are taking place at once, driven by technologies. Broadband-based infrastructure is going to make the need for separate telecoms and broadband infrastructure obsolete. The consumer electronics market is pushing for changes driven by plasma screens and DVRs; thus increasing market demand for more and better entertainment services. There will be casualties, especially among traditional broadcasters, and new leaders will emerge on the telco side of the business. This report provides definitions and describes the effects the process of convergence will have on the industry.