Yeah, I should have been clearer. It would lower the a la carte price, but it would still be a pretty unsustainable number.
I have a strong hunch that if we actually did these numbers, we'd see that there are a few programs that are way more expensive to produce than others. (ESPN and sports licensing fees come to mind).
Which means bundling artificially props up overpriced content - I'm really not sure how you can come to the conclusion that that is good for everybody.