An anonymous reader writes "With iTunes selling a couple of popular TV shows now there has been significant hesitation from other television producers to follow suit and put their content on the Web. It has also sparked activity from the actors unions who want additional compensation for what appears online. But there is also existing content that stands to be revived in this new context, older television shows from the 50's and 60's that have been squeezed out of the traditional broadcast by popular shows of more recent vintage. It was suggested to a producer who is presently digitizing 27 episodes of a 1950's show called Captain Zero to offer it up on iTunes for a buck an episode. Is this an opportunity for these old shows to strike while the iron is hot and while the owners of more contemporary content are caught like deers in a headlight? As the Captain Zero article points out purveyors of old time radio programs have enjoyed a significant revival by embracing web-based technology. Why not old time TV?"