The ‘Mad Men’ Economic Miracle

Competition is obviously preferable to a monopoly. Yet without the existing system, it’s hard to imagine that the quality war will rage on. Will there be enough content providers willing to gamble on expensive programs with big stars, lavish wardrobe budgets and huge overhead — only to sell episodes online for less than a dollar? If there are no oligopolistic profits, no cartel monetizing our eager anticipation, will there be as much great stuff to watch? For people, like me, addicted to not only “Breaking Bad” but also “Mad Men,” “Game of Thrones,” “The Killing,” “Homeland” and others, this future is scary because the answer is probably no.

The ‘Mad Men’ Economic Miracle – NYTimes.com.

 

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