R.I.P. web TV

Joost – dead.

Hulu – dead.

Hate to say it, but if it looks like TV and smells like TV… it’s probably TV ! I never understood, and still don’t understand, what makes the business model of web TVs different from Fox… true, no spectrum license fees, but massive infrastructure and poorer scalability eat up the advantage.

To run a TV successfully you must understand TV – much like to be a great car company you need to understand cars, not the many electronic gizmos you stick on the dashboard.

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