Cable is taking the fast train to oblivion

USA Today reports:

Cable operators pay media companies more and more to carry their cable channels. (Actually, cable systems pay the media giants for their successful channels and, as part of that deal, pay for the less successful channels, too.) The cable operators then pass these costs on to customers in larger and larger bundled cable bills. And, then, cable channels get to sell advertising. That's sweet. Except for the future — which is emperor's-no-clothes obvious.

An article well worth your time.