You can telecast on the Internet now. You can subscribe to some services. You pay a fee and you can watch programs online just the same as you can on your TV. As you quite rightly put it, there are constraints. Our whole broadcasting system right now has close to 500 channels that you can get over your cable system. If everybody watched that over the Internet, it would be an impossible overload. There are clear constraints regardless. You need more pipes, better compression facilities, and technology. Will we get that? Probably at some point, but I don't know how far out. It's clear that right now it is best used for short episodes or a complimentary run. It's ideal for marketing or for test marketing, etc. To have a full-scale service solely on new media, that capacity isn't there.
When and how will it come? I have no better crystal ball than you. All I know is that in all the developments on this, everybody who forecast the regular development and was audacious enough to outline it by way of a timetable was usually wrong. I am not going to hazard a guess here, but I think it will come and it will come quickly. It is not a slow progression. All the developments have been more or less breakthroughs and completely changed the paradigm. I would not be surprised at all if the same thing happened here.