There's an awful lot of chatter today about the future of television - what with Jeff Jarvis writing a long post in response to a keynote made by a BBC executive, who referred to a column Jarvis wrote in The Guardian; rumblings about the Venice Project's launch (the new TV service from Skype's Nikas Zennstrom and Janus Friis; and Steve Gillmor suggesting "TV is dead". But what about the cableco? They have oddly not been a big part of the discussion, which is strange given they are one of the main distributors of TV programming. You would think that if the TV industry is poised for major changes, the cablecos will be impacted along with broadcasters, content producers and advertisers. It may be that cablecos are in an advantageous position because they have two key strategic assets: a ubiquitous (at least in North America) delivery platform for traditional television, and high-speed Internet networks to deliver next-generation programming/TV 2.0. If the traditional delivery model continues to thrive as people migrate to PVRs, video-on-demand and pay-per-view, the cablecos will thrive. On the other hand, id the Web starts to become a way to deliver programming through streaming video, downloads, etc., the cablecos could do well by leveraging their high-speed networks and customer relationships. Another angle to the cable story is my theory on targeted TV watching vs. couch potatoes, which is based on the idea people are watching fewer television shows but building a stronger relationship with those shows through the PVR, time-shifting and blogs. Even though more people are becoming more selective about what they watch, these programs are spread across the cable spectrum. Some shows, for example, will be found on basic cable, while others such as The Sopranos and ESPN are part of higher-tier packages. What it means - at least until pay-as-you-go TV packages emerge - is consumers will continue to pay for multiple cable packages even if they are watching less television. All in all, I would aruge it's good to be a cableco right now.