Here are some articles that talk about it.
I would love to see MBA folks do some research and come up with a convincing, logical argument that the pay-per-channel model would or would not be better for providers as well as consumers. To me the first common-sense conclusion seems to be that it would be better. Here is my reason: By paying money for stuff that people don't consume, time and resources are wasted. If people had that money in their pockets because of the reduced price, they could spend it on a more worthwhile product, and that keeps the economy ball rolling, jobs for more, more money in the hands of people, more GDP.
I am considering dropping cable TV in a couple of weeks and instead buying a Roku + HD antenna + reactivating Netflix. Cable TV is not worth $80 per month.