Direct broadcast satellite will provide another video pathway into the home. As these alternatives multiply, the balance of market power will shift back to where it belongs, in the hands of those who own a legal monopoly called copyright. A decade after the Bell breakup, television is about to begin a massive divestiture and restructuring of its own. Some of the partings may be amicable, but others will require hostilities. After the breakup, a slew of new vertical alliances will be formed.
Happy days are here again.