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Re Netflix: they would happily stream new shows and movies in theater if they could, but the studios would not allow it. They'd like to make some profits for their budget busting CGI fests. Hence the release schedule for theatrical, PPV, DVD sale, premium cable, then finally streaming.
You can actually stream new in theater movies to your home right now. You do need a very fancy five figure set top box and pay like $5000 per movie. But if you are a billionaire who doesn't want to mix with the hoi polloi, that's the way to go.
As for KU, an all you can read subscription service that has all the books from indies and BPHs would have to cost a lot more than $10 a month to be viable for both publishers and distributor. And then it would not be attractive to any consumers except serious bibliovores. The closest we may get is a service like classic DVD Netflix which has all books that are out for some months and which limits number of items you can check out a month.
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