Aereo Says Networks Are Bluffing About Moving to Cable
http://www.tvweek.com/blogs/tvbizwire/2013/05/aereo-says-networks-are-bluffi.php
The CEO of TV-streaming service Aereo told Bloomberg that threats from networks including CBS and Fox to switch to cable are merely a bluff.
Lower advertising revenue and pressure from lawmakers would make it extremely difficult for the networks to move forward on the threat, Aereo CEO Chet Kanojia said.
"The reality is they want to get paid twice, and Aereo is just an excuse to articulate that business strategy," Kanojia said. "Good luck to them."
http://www.tvweek.com/blogs/tvbizwire/2013/05/aereo-says-networks-are-bluffi.php
The CEO of TV-streaming service Aereo told Bloomberg that threats from networks including CBS and Fox to switch to cable are merely a bluff.
Lower advertising revenue and pressure from lawmakers would make it extremely difficult for the networks to move forward on the threat, Aereo CEO Chet Kanojia said.
"The reality is they want to get paid twice, and Aereo is just an excuse to articulate that business strategy," Kanojia said. "Good luck to them."