You say that like it's a bad thing, but couldn't you then determine the profitable niche segments and run with those? It's getting cheaper and cheaper to make a

You say that like it's a bad thing, but couldn't you then determine the profitable niche segments and run with those? It's getting cheaper and cheaper to make a show. And distribution isn't limited to TV channels - online, DVD... That fits pretty well into the overall trend of the internet resulting in deep specialisation.