When you sit down and take a close look, you will find the digital convergence, like its less reputable astrological cousin, is fun to talk about as long as you understand that it means nothing in the physical universe that you inhabit. If however, you start to believe the convergence is a real, happening event that will cause real happening things in this world, you will make decisions about how you work, live, invest and play that will cost you untold grief in the years to come. The target industries are structurally incompatible. The capital markets won't pay for it to happen. They don't like it, they don't care about it even when they get it for free, and they certainly don't have an interest in paying for it even though they have money to waste on such stuff.
People watch television, they talk on the phone, they work on their computers.
You know, a telephone does what it does pretty well, has a well understood user interface and is amazingly reliable. Over and over and over, big slow-growth companies lift their big heavy corporate noses from the grindstone that has profitably, if boringly, provided for their existence for the last ten or fifteen year and discovered a shiny new object called synergy. And usually finds out, after spending a ton or two of hundred dollar bills, writing off three or four acquisitions and firing a platoon's worth of top management, that small companies have high growth rates because they're, well, small and yes, that different industry segments exist for a reason. Hell, it usually takes hardly any time at all. It trashed the value of all of their stock options.