As the number of streaming video services has increased significantly over the past few years, Barclays media analyst Kannan Venkateshwar believes it may be time for a shakeout in the business, with participants faced with the dilemma to either double down on content investment or sell off assets. Since 2006, when Amazon launched Unbox, which became Amazon Prime Video, the number of major players in the streaming video business has ballooned from three (Netflix and Hulu are the other pioneers) to more than 50 services.
Source: Streaming Video Is Ready for a Shakeout, Analyst Says