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CBS Invests In Aereo Competitor -- With A Crucial Difference

As a challenge to Internet TV startup Aereo  CBS has invested in Syncbak, which "works with stations to bring broadcasts to the Internet while limiting the programming to authorized viewers, CBS said today in a statement. The approach differs from that of Aereo, which CBS is currently suing because it "puts local broadcasts online without the permission of the stations."

Read the whole story at Bloomberg »

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