There’s a story in the July 3 edition of The Australian about the Fox Footy (Australian Rules Football) Channel. That the channel exists illustrates how changing technology increases well-being. With the plummeting cost of TV production and transmission has come a great growth in the number of specialized channels. When I was a kid, the U.S. had three networks and a few independent channels in big cities. Today, things like the Fox Footy Channel have increased the ability of the medium to cater to specialized tastes.
Since I’m not the only American who likes Australian football, or footy, I expect to see the channel on U.S. TVs soon — thus increasing variety, increasing my total utility. Any thoughts on likely future channels that will cater to even more specific tastes?