It is bad policy to regulate everything… where things may better regulate themselves and can be better promoted by private exertions but it is no less bad policy to let those things alone which can only be promoted by interfering social power.
You want to put out a TV show? If you have the money to do it on your own by yourself and you have a TV network you can do it by yourself. But the nature of the beast is art needs finance. That's how this industry works. So until the Internet becomes our source of entertainment – and watch it I believe it will – this is how things go.