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That's over $20 per month. That would buy several premium content subscriptions for "traditional media" such as The New Yorker, Netflix, Hulu Plus, etc. and quite a bit more "new media" content.

For some of the content, it will be difficult to make the case that traditional media cost structures have to be maintained.

Exactly! A varied collection of premium content from various sources will together form a much broader and more accurate picture than trusting "independent" media with your life.

I suspect it depends on what the offering is. If I had to choose between every commercial TV channel and the BBC for the rest of my life, the BBC would get my vote without hesitation (assuming it maintained its current level of quality).

The offering is a different perspective.

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