Netflix finally knocked off Blockbuster yesterday. Leaders of pay TV services might be wise to start doing the business equivalent of digging foxholes and manning the battlements, or the same thing could happen to them.
There's a growing body of evidence that pay TV services--that is, cable, broadband, and telephone companies that offer films and TV shows--are ripe for a smackdown. Talk of cord-cutters is all over business news and the momentum in home-video distribution appears to be with companies that do it over the Web, such as Netflix, Hulu, Apple TV, and the upcoming Google TV.
Skeptics say … Read more