Is the paysite business model dying?

[rhetorical]

I think there will always be a market for paysites. The business will change and not everyone will be able to make paysites work. But there are still lots of customers out there and will continue to be, who want to pay once a month then not worry about it. Like having a subscription to Playboy or something.
It won't be for everyone. Perhaps paysites will become a niche which is not a bad thing.
Having said that, I am also about to launch a niche VOD site. Cover all bases I guess.