Tech upstarts threaten TV broadcast model

Two fledgling technologies could dramatically reshape the $60 billion-a-year television broadcast industry as they challenge the business model that has helped keep broadcasters on the lucrative end of the media spectrum.On April 1, a U.S. appeals court rejected a petition by the major broadcasters including Comcast’s NBC, News Corp’s FOX, Disney’s ABC and CBS, to stop a service called Aereo, which offers a cut-rate TV subscription for consumers by capturing broadcast signals over thousands of antennas at one time.
http://uk.reuters.com/article/2013/04/07/uk-broadcaster-threats-idUKBRE9360DZ20130407
http://in.reuters.com/article/2013/04/08/broadcaster-threats-idINDEE93700Q20130408

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