Ashwin Navin, founder and CEO of Flingo, has not been all that surprised by these struggles.

FORBES: Flingo: Ashwin Navin Talks Smart TV And Why Google, Apple Missed So Far

Ashwin Navin, BitTorrent's co-founder and president, claims that the efficiency of peer-to-peer delivery will finally make online video profitable.

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"We're really hammering the studios to say, 'Go easy on this audience, '" said Ashwin Navin, co-founder and president of BitTorrent.

BBC: NEWS | Technology | BitTorrent download portal debuts

Even BitTorrent co-founder Ashwin Navin started a second screen venture dubbed Flingo in 2008 to marry the web and TV.

ENGADGET: The state of the second screen: Will TV companion apps proliferate or dwindle?

BitTorrent President Ashwin Navin sees it differently.

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