I worked in this space on the CDN non-pirate side and it's basically the same thing but everyone (including the major ones you know) distribute all of their content like that over various cdns and they're all essentially pitted cost/error-rate/latency wise against one another to the bottom. If you're interested in some of the tools used that essentially re-compiles, allows you to interject interstitial ads based... - Source: Hacker News / about 2 months ago
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