Broadcast TV will largely disappear over the next 10 to 20 years as we all move over to fibre streaming. This is already starting to happen in a big way in the US with cable and satellite subscribers falling and people going direct to the content providers. The NFL and NBL leagues are now streaming direct and this shows where football and other sports are going in the future. This is why Uncle Rupert is rapidly expanding their range and portfolio of programs, to keep them ahead, where it will be directly streamed content that is king and the major income source. All major studios will go this route with only minor studios syndicating to get the volumes.
The TV broadcast market is going to get very interesting and I'm not sure how antiquated things like the BBC TV licence are going to be relevant and fit into this new ecosystem (Although their new iplayer subscription service for archived programs, may be the start of this transformation for them). Like all revolutions, the new, smart and nimble operators that will lead and go with the market flow will make vast fortunes and those that are left behind will disappear. The current TV companies need to be like uncle Rupert embracing the future now and be building their direct streaming systems and payment models. The Internet is going to do to the TV market, what is has already done to the big price box shifting market, book publishing, record industries etc.