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That source suggests that there isn't a clear distinction, and as to whether or not a show is a web series or streaming series depends on who you ask (marketing department or someone else). Here's the text I was able to read from that source:
Television or Web Series? Many traditional producers are creating content on the streaming networks. Shows such as House of Cards, Orange is the New Black, 11/22/63, and Betas are all original shows on the streaming outlets. Because the shows are delivered via streaming applications, they are technically web series, but are called television by the creators. We believe this is more of a philosophical question than technical. It's possible that people consider web series "free," whereas television is considered a subscription service or supported by commercials. The differentiation is now new--"It's not television, it's HBO" is a term coined by the premium service. In this frame, it means that original streaming series are just that, Original Streaming Series, a new hybrid of television and web series.
When there is ambiguity as to how a term is defined, Wikipedia presents both perspectives and doesn't try to decide which one is "correct," which is why I objected to the phrase "common misconception." OhNoitsJamieTalk12:57, 30 June 2023 (UTC)[reply]