Growing up, my parents had one of those giant satellite dishes in the backyard. After purchase and installation, they paid $9 a month for a "code" and a "guide" to be used to access all the channels. If I remember correctly, there was 26 "points" (a-z) and each point had close to 80-90 channels (A1, A2, A3....A90) and each channel had about 150 "stations" (001, 002, 003, etc)
You could get over 250,000 channels to watch. However, only about 300 were in English.

We used that until cable evolved and put it in the satellite business in the grave. Years later, my dad had to hire someone that had tools to go out back and cut the thing down. The company was no longer in business and no one would come and remove it.
The point here is, this seems to be the same path that cable is going down now. Places like my HOA are including internet and cable packages free in the HOA dues. My two rental HOAs are doing the same as well. Add in cell phone companies and such it seems that in the future the only way that companies are going to be able to generate subscriptions to their streaming sites is to offer more original content that isn't available anywhere else. That would probably mean that movie theaters catch the brunt of that in the beginning.