The lessons for local media are many, beginning with admitting, once again, that consumers are in charge. We also need to learn the lesson that Netflix is teaching us about digital video — that people want it when, how and where they want it. This speaks to one of our favorite topics: on-demand, unbundled distribution. It also speaks volumes about how people will pay for a wonderful service. It may not be as much as we’d like up front, but give it time.
Heaton's post is heavy on philosophy, light on practical matters. Like, how exactly will Netflix turn a profit if the Starz deal costs $200 million to renew in 2012? I agree with the thrust of Heaton's argument that disruptors such as Netflix (or Netflix-like technologies) will eventually win the day, and consumers will eventually be able to get what they want, when they want it. But will Netflix (the actual, specific company) be the one to take us to that consumer nirvana? That's still not clear.