Bill Gurley has a must-read post up on how the $32B of affiliate fees will slow down the Internet disruption of the TV industry. I have one addition and one amplification for Bill’s excellent post. First, the addition. More than just supporting an existing flow of dollars, bundling is in fact not only a logical but even a socially efficient model for costly to produce content, such as TV shows. HBO has proven this point for years, but there is a great academic paper by Erik Brynjolfsson and Y...

“The revolution wil not be televised” is a line from a great Public Enemy song. I think it is safe to say that the revolution will be tweeted and flickrd and blogged. Yesterday’s miraculous “splash landing” demonstrated that some of the best early coverage, including photographs and links to information about bird strikes could all be found within minutes of the event on Twitter. I am also convinced that some of the best analyses of what actually happened and who did what to help avert a disa...