Friday, April 18, 2014

The ABCs Of Aereo: What Is Aereo And Why Are Broadcasters Taking It To The Supreme Court?

Broadcasters also fear that they could lose a fortune. If Aereo can air popular shows from ABC, CBS, Fox, NBC and others, the thinking goes, then cable and satellite companies might try to do the same thing. If they did, then it potentially could ruin broadcasters’ efforts to collect retransmission consent fees from them. That should represent $7.1B in revenues for the broadcast industry in 2018, up from $3.3B last year, RBC Capital Markets analyst David Bank estimates. - David Lieberman & Dominic Patten, Deadline | New York

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