Multichannel News: As Hulu readies its expanded live video streaming service next year and other distributors eye following suit, small, niche-oriented pay TV networks are living on borrowed time, 21st Century Fox CEO James Murdoch told an industry audience Wednesday. “We think that most of the big MVPDs in the U.S. will probably seek to go out-of-market, competing with each other on an over-the-top basis. They all deny that, but I think it’s pretty inevitable.”