Dealing With the Devil?

摘要

NOT SO LONG AGO, streamers like Netflix and their ilk threatened the television economy by encouraging cord-cutting, but now TV companies are slurping from a new stream, selling programming to digital video distributors like'Netflix and Hulu for hundreds of millions of dollars. Big money has soothed some of those fears, but questions remain whether over the long-term the checks will keep rolling in and, more importantly, whether strengthening online video distributors will create new competition for viewers and advertising spending, as broadcast content did for cable.