Sources: GAO, LA Times
quote: Of course, but the providers are in bed with the cable companies. CBS, FX, ESPN, etc. will not release first runs on NetFlix or Hulu.
quote: If everything went to steaming only, who would watch ads? The more shows are streamed and the more people use DVRs, the less valuable an ad is to a company wishing to advertise.
quote: It seems simple, but at the end of the day the providers make most of their money from ads and are perfectly content to make exclusive streaming deals with cable companies because stifling streaming helps keep their ad pricing high. They are not willing to increase their streaming rights income only to have their ad income decimated.