I'm convinced television programming is going to go over the Internet, an open system that's the most efficient distribution network ever created. Everybody will be selling broadband access as a commodity. In such a world, a cable or satellite company packaging channels with some choice but not much and charging you 40% off the top is insane. At the end of the day, the cable company is the middleman. In a digital world, middlemen margins get crushed, because the marginal cost of transmitting a bit of information is zero. If you're a middle man with a closed architecture, you're in trouble. You might not feel it in 2006 or even 2008, but longer term you're doomed.
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