I spent years in the late 1990s telling people - particularly commercial lobbyists - that they were underestimating the barriers to Web-TV.
Their arguments went as follows
- Web-TV is almost a reality now. Any day....
- Web-TV is hard to regulate
- If you try you will choke investment
- Therefore, you should abolish the BBC, rather than leave it to twist in the wind
- This will secure investment into original audiovisual content