Well, DEN and Pop have shown that model to be a resolute failure. Big budgets and big names do not necessarily guarantee success in the entertainment space. Steady and slow seems to be the new mantra. After all, Internet entertainment is not revolutionary it's evolutionary. Audiences aren't going to drop their TV's, Playstation's, VCR's, and CD player's overnight just because there's a new kid on the block.
New media has to be integrated into people's lives.
It takes time. Time to develop an audience and time to develop an entertaining and fiscally rewarding formula. Steve Jobs has an oft-quoted line that compares people's relationships with their computers, verses their televisions. We go to movie theatres and sit in a dark room with strangers while light is projected on a screen, suspending our disbelief for a couple of hours. We sit in our living rooms with a beverage in one hand and a remote in the other, scanning through the myriad programs that happen to be on while we are present.