So CNN released an article on January 14th about how tablets (specifically iPads) are starting to eat into prime time television for reading.
The article proposes that the times normally used for paper reading or TV is being usurped by tablets because folks are reading more. Are folks really reading more? Has the electronic book really replaced the remote control and folks no longer watching TV?
With TV now being "when" and "where" you want it, you can now make more trade-offs on your time. If you want to catch-up on all your shows every Saturday or Sunday and focus on finishing up that last book in the Twilight series, you can now do that.
Without doing any math, I would propose that TV and reading has increased in tandem over the last couple of years. Now that I can 'carry' multiple books and multiple movies / TV shows with me when I go somewhere, the idea of "Prime-time" is almost a thing of the past. Sure I have to remove myself from Facebook as all my friends 'blog' about a show as it happens, but I have to squeeze in my time with Gregory Maguire and Anne Rice too!