CBS's CEO: Aereo Does Not Affect Our Bottom Line

AereoCBS is one of a number of broadcasters enraged that Internet TV startup Aereo is still in business. At one point, the company said that it would discontinue its over-the-air broadcasts if Aereo was permitted to keep operating. Aereo, as many will recall, allows users to stream TV to their computers and mobile devices for $8 per month, and it skirts standard licensing fees by pulling free TV transmissions out of the air with physical HD antennas and then piping them over the web. While broadcasters have sued the startup in an effort to shut it down, CBS CEO Leslie Moonves’s recent comments suggest he doesn’t think his company would really suffer at all if Aereo wins in court. “Look, we expect that the Supreme Court will do the right thing and side with the people who are providing the content,” Moonves told CNBC in a recent interview. Read the full story at Boy Genius Report.