Chet Kanojia, CEO of television Internet streaming service Aereo, said that his business model of transmitting free broadcast television on the Internet through individual antennas dedicated to each subscriber “has gone from the back of my napkin two years ago, in my house, to in front of the U.S. Supreme Court and national policy in about a 20-month period. So, what else could you ask for, right?” Xconomy reported.
Broadcasters have appealed a decision in the Second Circuit that Aereo is not violating their copyright in their programming. One of their biggest arguments is that a ruling in favor of Aereo would excuse cable networks from paying for broadcast programming.
For his part, Kanojia said that a ruling in Aereo's favor would protect "the consumer in the midst of all this profiteering,” Xconomy also reported.
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