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TV Networks Divided on Streaming

The major TV companies are making progress in their slow and painful march toward video streaming. But they appear divided about how far to go, given a desire to protect the existing $100 billion pay-TV ecosystem.

Judging by comments from various 21st Century Fox executives in recent weeks, including on Tuesday by co-COO James Murdoch at the UBS investment conference in New York, Fox may be contemplating some kind of streaming ventures of its own.

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Given the history of entertainment industry joint ventures, Hulu would be better off with a single owner. There’s no sign the current investors are willing to re-open that can of worms anytime soon, however. But if Fox really wants to cash in on growth in the streaming world, it will need to force the issue.

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Joe Lonsdale
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A single owner might give Hulu the firepower to compete even more aggressively against Netflix.