I think the most interesting part of the post was in the comments when Fred highlighted an up and coming star using the web for distribution.

Freddie Wong is starting an episodic series. He raised the production money on KickStarter:

http://www.kickstarter.com/projects/freddiew/video-game-high...

Can you imagine how more interesting the web will get when the next Lucille Ball can go direct to the fans? All that is needed is a way to easily consume media from the web on the big screen.

Forget 500 channels, how about 5 billion channels!