Last week, Rethink TV, Faultline’s research arm, released its latest forecast, identifying that the pay TV barons have some serious competition on the horizon. These are free online video platforms, categorized as Long Form video services, Social Media platforms, and Gaming streaming platforms – LSG for short. News this week is further proof of the sway towards free online video as two Long Form platforms, Plex and Pluto TV, expand their offerings. A fresh entrant into the OTT market, Plex has just launched over 80 FTA live channels on its platform, adding to its existing range of AVoD content. Meanwhile, one of Plex’s prime competitors, Pluto TV, has landed its biggest distribution deal yet, partnering with Verizon Wireless – a…