Prime-time TV enjoys its highest ratings since 2007

The drastic change in the way people consume media has stirred up the argument that TV as we knew it is dead. But while prime-time ratings have dipped since the rise of services like Netflix and solid programming from networks such as AMC and HBO, the first quarter of 2014 has been very kind to prime-time TV in the US. According to a report from MoffettNathanson, prime-time TV ratings saw a surge of four percent compared to the previous quarter, and in the process marked the first time TV has seen any sort of growth since over a year ago. As Re/code notes, researcher Michael Nathanson says this is television's "best performance since the last quarter of 2007."

But there's a reason for this: Nathanson points out that the increase in TV ratings is largely due to major events that have taken place this year, including the Oscars, the Sochi Winter Olympics, playoff games from the NFL and, most recently, the NCAA's March Madness tournament. We'll see if ratings can keep up this momentum going forward, but, at least for the time being, it's safe to say good ol' TV is far from being put to rest

[Image credits: Lubs Mary, Flickr; Re/code (graph)]