I've been reading this forum for years and certainly didn't expect to be snarkily piled on to for simply making a comment which I began by stating was simply my opinion! I never said that I supported what has been going on with the channel blackouts for financial leverage, only that I understand they have adjusted their business models to reflect the realities of the broadcast television business today! I really have "no dog in this hunt", if anyone who jumped on me would simply read where I stated that I work for a public TV network and understand what it takes to run a TV station from an operational standpoint since my job entails seeing the bills every month that it takes to run TV stations.
Ironically enough, for everyone who pines for the good old days of regulation, back in the 70's , 80's and 90's ownership of a TV station, especially one that was run with expenses kept as low as possible (which, by the way included low pay for many employees and poor maintenance of technical facilities which then led to a far lower quality product) was nearly a license to print money. And owners back then most assuredly did. The difference being that there weren't as likely to be stockholders to answer to for many of them, but there was an owner capitalizing on his initial investment (or inheritance). But they had their Cadillac, Mercedes and other high dollar vehicles of the time, country club memberships, second or third homes, extensive vacations along other far more nefarious ways to spend money (remember this was the 70's, 80's and 90's so draw your own conclusions) while putting as little as possible back into the product. If anyone remembers back then there was also nowhere near the amount of competition for potential eyeballs there is now. I'm a thirty +year veteran of broadcast radio and TV so don't even get me started on how great it was when a 'little guy' was the owner of the station.
Enough of this, I'll go back to just reading this board now. I don't pretend to have all the answers but I thought I would throw another perspective out there since I'm a career broadcaster but apparently many on here wish to rant, complain and demand government action rather than even considering there are two sides to the discussion so I will keep that in mind.