I meant right thing from the perspective of someone who represents the interests of their shareholders. I try to withhold big-picture moral judgments in such cloudy territory, and assume that what executives do (given certain obvious moral boundaries) to be "right" if it benefits their corporation.
As much as it annoys me that hulu is pulling the plug, this analysis is excellent.
"The networks are nothing more than a middleman between the people who make content and the ones who consume it, and they know it. And like all middlemen, they lie awake at night hoping the people on the ends don’t find a way to cut them out. The relatively slow bandwidth in most of the first world and the lack, until recently, of internet-connected hardware attached to televisions has relegated online video to little more than kittens on treadmills, but the writing is on the wall."
Aren't you arguing that they are doing the smart thing, more than the right thing?
Also, I think your analysis is spot on.