Aereo could bring down broadcast TV

“Could it really turn out that a company with a seemingly loopy business model — capturing over-the-air TV signals and streaming them to subscribers over the Internet — will be the thing that finally brings down the American broadcasting industry? Quite possibly.  Chase Carey, News Corp.’s (NWSA) chief operating officer, said Monday that if the company in question, Aereo, is allowed to continue, his company’s Fox Broadcasting, and all its affiliate stations, will stop broadcasting over the air and go all-cable. Those other networks, though, along with PBS and Fox, are fighting hard to put Aereo out of business. But so far, they’re losing their legal argument.”

http://tech.fortune.cnn.com/2013/04/09/aereo-could-bring-down-broadcast-tv/?iid=EL

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