ABSTRACT

The domestic consumer content industries in the United States include broadcasting, film, radio, TV, cable TV, computer application software, video games, Internet online content, newspapers, books, and so on. All of these account for almost one third of a trillion dollars per year (Fig. 7.1). In addition, U.S. domestic transmission network revenue amounted to one third of a trillion dollars per year. In addition, U.S. domestic transmission network revenue also amounted to one third of a trillion dollars in 1999 (Fig. 7.2). Thus, what is at stake is no less than the potential restructuring of two thirds of a trillion dollars per year in revenues, and the communications industries as they are known today.