In another Aereo story, the company is calling the bluff of both CBS and Fox broadcast networks, challenging them "to follow through on threats to go off the
air and switch to cable to prevent the Internet startup from retransmitting their shows without permission," according to Aereo Inc. Chief Executive Officer Chet Kanojia, writes Alex Sherman. "Lower
advertising revenue from cable and pressure from lawmakers will make it difficult to put the switch into practice, Kanojia said in an interview yesterday."
Read the whole story at Bloomberg »