electronista follow-up
This decision, if taken to it's logical extremity would massively change the video-on-demand of the future. This could actually make the long-promised anything-ever-released-anywhere available on-demand reality.
How? Why do you think there would be any requirement for the Cablevisions of the world to physically have to record each and every program that their customers wish to record, which then would have to be transferred back to their network PVR? It would sure be a lot more efficient use of their bandwidth and logically little different to take a completely different approach.
Think that once a release is digitized, say even a typical mass-market, double-sided deluxe DVD taking up almost 8 gigabytes of space, you have almost frictionless direct-to-consumer distribution instantly available over an Internet provider like Cablevision or Verizon's "owned" bandwidth. Any customer who "records" this show, or even a portion of the show, since you would just need to store the actual markers of the start and end of recording if you wanted to enable partial rather than complete recording, would just need to register this information on Cablevision's Network PVR servers.
Then other than the one-time 8 gig transfer from the studio releasing the title, they completely cut their bandwidth charges for on-demand 3rd party programming, thus making the service much more profitable to them to offer. This just happens to also further increase the likelihood of filling much more of their "last mile" pipes to their customers with their own paid content instead of third parties'.
This also obviously changes the game for regular non-live network programming in that anything taped and aired on say, Lifetime, how about the ubiquitous "Frasier", could theoretically have already been licensed by Comcast for on-demand, for-pay or bundled delivery, direct to the consumer. If this were to become the norm, it would remove both the need for Comcast to carry any channel not offering live/event-based programming, and the audience the Lifetimes of the world are currently promising to provide advertisers today. Instantly the only businesses worth being in are the network owners, content providers, and content enablers (computer manufacturers and software companies).
Now how about combining this with the current FCC chair's long-desired wish to introduce a-la carte pricing to cable, just as Sirius and XM are being required to do as terms of their merger, coincidentally also a desire shared by many consumer advocates?
The networks, both broadcast and cable, either have to significantly change their programming mix to include more live and event-based programming (can you say MORE reality TV?), or they basically lose their entire reason for being.