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I think cable/broadcast TV as we have always known it will change. It is already doing so. HBO recently announced that they will offer a streaming service. CBS just started offering a streaming service where you an watch their live broadcast on your computer and they have thousands of past episodes of CBS shows available to watch on-demand. I think we will start to see more stuff like this and I think we will start to see cable companies finally offer the ability to buy just the channels you want.
For the foreseeable future there will always be people who are happy to just pay a flat rate and get 100+ different channels. Even before broadband internet there were still a lot of people who don't even have cable and just watch the stuff you can get free with an antenna. Those people likely aren't going to change anytime soon, but that doesn't mean there won't be some better options for others.
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