Internet content just devalues the FOM broadcast licenses. Thats why Bernie fights till he's blue in the face to block any form of internet F1 content.
The absolute pittence they make from the internet lowers the value of the package they sell to the networks.
I hear what your saying but it's not like it would be worth _nothing_ if they were to utilise the internet more. But yea I get what you are pointing at, it's probably the way they see it too.
But for me as a F1 fan, I would love more F1 content on the internet.
And I'm not saying entire races, but highlights... as overtakes or radio transmissions, or if you could see the start from whatever driver you would want to see it from... I just want MORE content..
I don't think anyone would say "Well hey, now I can cancel my sky subscription because I can see the race highlights afterwards."..
People still want to see live races and the entire race.. Not just a couple of overtakes here and there.
I think F1 would benifit from more internet content in the long run..