, Columnist
TV's Death by a Thousand Streaming Apps
Media companies are scrambling to get bigger and create their own online-video services, which don't make much money or even meet consumers' needs.
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Like to binge-watch TV? There's an app for that. And another. And another. And another.
It seems that overnight, there appeared a deluge of online video-streaming services -- all of which hope to capture what Netflix Inc. has. They won't. In fact, a recent report from The Diffusion Group predicts that every major TV network will have its own streaming service by 2022. But that's neither good news for media investors nor consumers.