A concept invented by John Logie Baird in 1928 when he got bored with black and white. Black and white is considered to be more "classic" and timeless by most people, with colour generally only accepted in today's world as a means to making commentary on televised snooker tournaments simpler.
John Logie Baird (turning in grave): If I could turn back time, I think on balance I wouldn't have invented colour.
Graverobber: Why is that John?
Baird: I just don't think it has stood the test of time.