[sun_n_surf]

Netflix is now basically an OTT TV channel. This puts to rest the content aggregation platform model for video which, unlike music, is highly differentiated with higher cost, which rules out commoditization.

This basically reduces online video to two categories: user-generated content platforms and commissioned, curated content platforms. In my view there is only room for one player in the former (YT), but in the latter category, it is basically business as usual for the traditional TV networks.