Will HTML 5 Replace Silverlight?
At recent PDC, Microsoft sure did confuse everybody by putting HTML 5 and IE 9 Beta the top topic. Developers panicked all over the world. I was a part of PDC and all I could hear was, "Is Silverlight Dead", "Will HTML 5 replace Silverlight", "What will happen to Silverlight".
So this is one of the most talked topics in the past couple of months.
Funny thing is, I gave a proposal to one of our potential clients to build their new website and I put Silverlight as a part of the proposal. CEO's first question was - "Can we use HTML 5"? Followed with other questions like "Isn't Silverlight dead"? "Will HTML 5 replace Silverlight"?
So, the quick answer is NO. No, No, and No.
HTML 5 and Silverlight are two different technologies.
Just because HTML 5 has a video tag and few extra flashy stuff but that does not mean it provides everything that Silverlight does. It also does not mean that Microsoft had abandoned Silverlight development.
Here is an article that lists new features added to HTML 5.
While HTML 5 is a web standard to build websites using HTML, Silverlight is much more powerful to build complex enterprise based applications with flashy stuff.
Here is a detailed answer for you. See the first link below.

Mahesh ChandPosted Jul 17, 2013, 8:53 AM
Now I am reading this blog and thinking. I was so wrong about Silverlight. It is dead. HTML 5/JavaScript.JQuery combo has killed it.
Ibrahim ErsoyPosted Jan 20, 2011, 6:52 AM
I hope Silverlight 5 can have much more better features than its previous versions.I'd like to see creativity in Silverlight 5!
Mahesh ChandPosted Jan 19, 2011, 1:38 PM
Thanks for noticing Suthish.
Suthish NairPosted Jan 19, 2011, 1:02 PM
posted link not working "What is new in HTML 5", please check
Guest UserPosted Jan 19, 2011, 11:01 AM
html5 is not a video player engine. as video streaming is becoming more and more popular, silver light will stay as a strong video player platform, its streaming technology is one of the best