Web TV Wars

The Dysfunctional World of Web TV: R.I.P. Qwikster, We Barely Knew Ye

Not the new CEO. (Photo: Hulu)

Reed Hastings has a surprise blog post up this morning announcing that, after all the sturm und drang, Netflix won’t be splitting its business in two after all.

The announcement comes just as all the major players have submitted their bids to purchase Hulu, the web TV platform created by the big TV networks, which no longer appeals to them as a business.

Taking a look at two of the biggest names in the web TV space, it’s becoming clear that the internal battle between analog and digital television is creating real problems for companies hoping to straddle both worlds. Read More