What Will TV Look Like When Streaming Kills the Cable Bundle?

With Netflix (NASDAQ: NFLX) and the rest of the on-demand streaming services outperforming reruns and movie channels, pay-TV bundles are becoming increasingly reliant on a select group of sports channels, local news stations, and networks with new episodes of must-see, spoil-able TV. Streaming multichannel services like Dish's (NASDAQ: DISH) Sling TV and Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) YouTube TV now operate and are helping expand the cord-cutting phenomenon. More appealing to customers is the "direct-to-consumer" option, in which each network would offer a cheap subscription to just its content, streaming live on its own app.