US television networks including CBS and Fox saw off a serious challenge to their business yesterday when the Supreme Court ruled that Aereo, the digital video service that threatened billions of dollars of their annual revenues, was illegal.
The landmark copyright ruling comes after the television networks argued that their very existence could be put at stake by the online streaming service, which uses miniature aerials to allow consumers to watch programmes without paying for a cable or satellite subscription.
Broadcasters have become increasingly dependent on the “retransmission” fees they get from cable and satellite operators such as Comcast and Dish.
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