Why buying only the cable channels you watch probably wouldn't save you money

[Commentary] It is true that the Internet -- and companies like Hulu, Netflix, and YouTube -- is making the television market more competitive. But what's new about these services isn't that they do less bundling. Rather, it's that they're charging lower prices, and in the process resetting customers' expectations about how much television content should cost. But there's no reason to think this new competition will lead to a world where consumers no longer buy content in big bundles.