“Hulu’s DNA has been recent episodes of TV shows,” said Glenn Hower, an analyst at the research firm Parks Associates.

The apparent anxiety at television companies is common to any industry that’s faced what Harvard business professor Clayton Christensen calls “The Innovator’s Dilemma.” That’s when established companies find their big, lucrative businesses undercut by innovative rivals with cheaper — and, at least at first, less profitable — alternatives. The big companies can’t embrace the new approaches without helping cannibalize their own cash cows.

From the article "Damming The Stream? TV Producers May Make You Wait For New Shows Online" by ANICK JESDANUN.