CBS may cut off its broadcast signal and go online, if Aereo prevails
I think CBS is playing a game. I can’t believe they would go to cable over this. However, if they do, fine with me. CBS seems to be having some real problems in working with companies anymore, like when they let negotations cause millions of people to go without CBS signal. And if you’re not familiar with Aereo ($8 month) then I would say you should check them out at http://www.aereo.com/
For more info about CBS and their threats, read on (reported by MSN Money)
March 11 (Reuters) – CBS Corp Chief Executive Officer Leslie Moonves said the No. 1 rated broadcaster could offer its content directly to consumers over the Internet and cut off its traditional broadcast signal if the Aereo video streaming service is deemed legal.
Major broadcasters are challenging Aereo Inc’s use of their television broadcast signals without paying for them. The case will be argued in front of the U.S. Supreme Court in April.
“If Aereo should work, if they should win, which we don’t think will happen, we can go OTT with CBS,” Moonves said on Tuesday at an investor conference.
OTT is short for “over the top,” which is industry parlance for offering television over the Internet outside of a pay TV subscription.
“If the government wants to give them permission to steal our signal, then we will come up with some other way to get them our content and still get paid for it,” he said.
Aereo, which is backed by billionaire Barry Diller’s IAC/InterActiveCorp, does not pay broadcasters for use of programming that it retransmits to subscribers. Its users pay a low monthly fee to watch live or recorded programs on their computers or mobile devices.
Moonves has previously said that CBS would consider taking its free broadcast channel off the air and turning it into a cable network if Aereo prevails.
At the conference, Moonves added that CBS could go online “if there are systems out there that try to hurt us.”
Posted on March 11, 2014, in Business News, News & Politics and tagged aereo, cbs, CBS Corp Chief Executive Officer Leslie Moonves, cbs online, cbs to go offline, msn. Bookmark the permalink. Comments Off on CBS may cut off its broadcast signal and go online, if Aereo prevails.