US CDN major Limelight Networks is now offering a service which bundles the popular “browser based” DRMs, making it unnecessary to engage with a CAS or DRM specialist in order to launch an encrypted OTT video service. This is a piece of news that makes us worry about investments within the OTT video marketplace, because what is happening here is that what was once a $3 billion industry – independent Conditional Access and DRM – which also has the potential to add another $300 million or so of business over the coming 5 years in OTT – is being cannibalized by a neighboring service. This is an indicator of the poor health of the OTT video sector when a CDN…