The TV networks face an increasingly difficult balancing act, as they try to embrace new forms of distribution (like iTunes and VOD), while not upsetting the regional affiliates whose monopolies let them pay big bucks for shows in syndication. Current attempts to walk the line involve geofiltering of content (e.g. a baseball game can be sold in all markets other than its home market), though place-shifting technology threatens to erode even this. Other than for local content, it's hard to see what role the regional affiliates will play. Naturally, some hope to use the law to preserve their positions, either by clamping down on how the internet is used, or forcing the place-shifters, like Slingbox, to share their revenue. Either way, they're basically asking for a subsidy to preserve a growingly irrelevent business. Imagine that. That would be like wanting to tax VOIP to keep the telcos in business. Oh wait.
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