[washingtonismoney]

No. And I think WIM's analogies don't work at all. You cannot possibly understand or enjoy the new Stephen King novel if you skip chapters three, four and five. Whereas my ability to enjoy The Americans is not at all contingent upon my tuning into the Golf Channel, MTV and Spike.

Well, sure... but you could make the same argument re: the newspaper and magazine business.

But, look, the point isn't the details. The point is, it's silly to view either bundled or unbundled options as the One True State of the Market. Many markets bundle services. Many don't.

[washingtonismoney]

No. And I think WIM's analogies don't work at all. You cannot possibly understand or enjoy the new Stephen King novel if you skip chapters three, four and five. Whereas my ability to enjoy The Americans is not at all contingent upon my tuning into the Golf Channel, MTV and Spike.

Well, sure... but you could make the same argument re: the newspaper and magazine business.

But, look, the point isn't the details. The point is, it's silly to view either bundled or unbundled options as the One True State of the Market. Many markets bundle services. Many don't.