No more video on Internet?

I just watched an Internet conspiration video from Ipower. Basically they say that - Every significant Internet provider around the globe is currently in talks with access and content providers to transform the internet into a television-like medium: no more freedom, you pay for a small commercial package of sites you can visit and you'll have to pay for separate subscriptions for every site that's not in the package. But If only ONE of the internet providers does not do this it will not happen. So cheer up. We can still look forward to great content on the Internet. Or is it that great. Maybe we need two kinds of Internet. One that is subscription based with great quality content and another one with crap - but unlimited?