TV- Let's Kick it Old School.

Why don't broadcasters just start live streaming everything and return tv to it's old school roots? Tuning in and seeing whats going on out there.
In the Olden Days you had only 3 or 4 choices to "watch" but now, with that there cablevision, and them whiz bang satellites and that new fangled inter-web...I can get get my infotainment from any where I choose. The other day I stood at the hot-dog cart waiting for my dogs, watching
@fox29 live twitter a press conference on my iphone. Brilliant. Absolutely freaking brilliant.
It's time to take viewers beyond, "On Demand". If Local TV wants to sell air time over (pre-recorded) web inventory, or cable inventory...putting everything on the web right now just makes sense. It's only a matter of time before I will be able to watch over the air broadcasts on my phone as I commute to and from work ( i ride transit, don't be alarmed) If we made this jump right now, we could beat the competition to the ad dollars, and we could (in theory) sell the web component along side the broadcast component.
For the most part, people don't have cable tv in their offices, and don't sit there all day watching TV (I kinda get paid to do it), So there is a whole new set of eyeballs that broadcasters are shut off from during the day. If TV stations would bite the bullet, and start streaming everything, would it be worth the investment?
I think jumping first is a scary thing for major corporations. They like to see how things will play out, and then will buy up the thing that works. In my opinion, putting all the cards on the table right now could be the smartest move yet. The internet is about fresh content now, and what better way to capitalize than to go live with all the content now. I'm not sure a litany of court shows all day are going to draw a loyal fan base from coffee shops with WiFi customers. So it may be time to take back the airwaves, start producing local content, and selling time against content and products that people actually are engaged by.
This is what I mean by tv needs to go "old school". Fresh local content, streamed constantly (or live ) on the internet, and re-engaging the local viewers in local ways.
My prediction is that this is going to happen, its just a matter of who jumps first.