Read this: Barry Dillers Aereo Service Challenges Cable Television - NYTimes.com
Summary: In front of each of the 10 chairs was a leather case holding a fresh tablet of paper, with a sharpened pencil placed above it, just so. Aereo uses antenna farms to capture broadcast signals that can then be streamed on the Internet and viewed on a device of the customers choosing. Given that the service cuts out the cable television middleman and pays no retransmission fees to the programming producers, its a business idea that will sow chaos, disruption and turmoil. - nytimes.com
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