That's pretty much already happening, as per your prediction (HOUSE OF CARDS, ARRESTED DEVELOPMENT revival), but this scam or not, this is still pretty much what you've been saying that the future of TV is going to the internet.
Still, even if TV did have a channel with nothing but bunny programs, I'd dig it (no pun intended); there's a bunch of bunny vids on YouTube that just make me feel all warm and fuzzy. Squee.