I love reading this article. It proves that the pipes (cable, fibre optic) aren’t important. The content is. While the author has a point, some would argue that you need both to succeed in the marketplace (eg: Comcast-NBC Universal, BCE-Bell Media). Or the deep pockets (i.e. money) you need to buy the content (an excellent example? Telus in Canada. It avoided becoming an integrated content and pipe company and focused on the thing it did best -> building the infrastructure (pipes)).
Personally? I’ve always favored the companies who built the pipes (cable, fibre). And refrained from buying any studios. It showed discipline. Guts. They knew their clients will always find the content they need on the Internet. If they decided to buy a bundle from them (studios need to find outlets for their content) for convenience sake, even better.
Pipes. The keys to delivering your content. Without them, there’s no content to see in the first place.