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"most people aren't buying new TV's right now"

who is making such statements? HDTVs sell like hotcakes. Sony does make twice as much money with HDTVs and cameras than it is loosing with the gaming business.

I had a study that said by the end of 2007 a third of all US households will have a HDTV. Add the fact that nobody buys SDTVs anymore and it becomes clear that your statements are at best adventurous.

"and actually having a mobile device to watch movies is better, because people are on the go"

Outside of Japan and Korea mobile TV will not be a competition for years. Even when it takes off classic TV will have a central place in entertainment for years .