End of Television --A lovely, inspired piece of writing

Please catch this lovely piece in New York's maverick blogazine, Gawker, on how online videos and help creative television writers circumvent the suffocating studio system.
Internet is revolutionising media, and I have written many times in the past about how TV is changing and will end as we have known it. But this piece makes it read like a fairy tale.

Realty TV check: Indian broadcasters in mounting losses

So it seems controversy is an expensive thing as well.

Media is a costly business, and like aviation,investors love it for the feel and prestige...money is just a pretension. A lot of funds ( I suspect) take strategic stakes in media companies because it offers a lever of sorts (conspiracy theories, anyone?). Anyway, here is a story on how broadcasters are in a crunch.