Aereo CEO Says Networks Bluffing on Threat of Switch to Cable
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Aereo Inc. Chief Executive Officer Chet Kanojia challenged CBS Corp. and News Corp.’s Fox broadcast network 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.
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.