In this article, 1 tried to analyze the multi-channel market in two different approaches. The first approach is to analyze the channel market in the monopolistic market point of view. I found that the increasingly competitive environment between different channels dose not necessarily improve the diversities of program. Instead most channels still tend to have similar program type. The second approach is to analyze the channel market in multi-channel operator point of view. In the multi-channel operators the vertical diversities of program is not high and they tend to produce professional channels. The tendency is toward the segment channel market. In observing their horizontal diversities, the multi-channel operators have the strategy of emphasizing the diversities of program, greater than the whole channel market.