Netflix Has Disrupted Broadcast TV
Netflix has achieved such widespread success as an OTT streaming offer, that it has driven two giants of the “old world”, namely HBO and CBS, to go down the OTT road by announcing their own streaming services. “And in sidestepping cable in some instances, HBO — likewise CBS — will have its hands on precious viewer data, an asset Netflix has used to lucrative ends.”
Opening new connections to their customers also gives them leverage when dealing with monopolistic cable companies.
Read the whole NYT article here.