For decades, the cable bundle has been the center of the media and television universe. Next year, the focus will fundamentally change — perhaps for good.
The cable bundle's ever-rising cost and the rich valuation of Netflix have pushed the biggest companies in media to start focusing on a new direct-to-consumer distribution model.
But there may not be enough money in consumers' pockets to make every new streaming service successful. Welcome to "the streaming wars": the latest battle for your entertainment dollar.Disclosure: Comcast owns NBCUniversal, the parent company of NBC and CNBC.
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