On the other hand, cable still has a fistful of dollars.
Well. That didn’t take long. Barely a fortnight after the U.S. supreme court ruled that Aereo “looks-like-cable-TV” so it must be treated like cable TV (in dissenting justice Antonin Scalia’s phrase), Aero has told a federal trial court judge, OK, we’re cable TV…
The Supreme Court’s holding that Aereo is a cable system under the Copyright Act is significant because, as a cable system, Aereo is now entitled to the benefits of the copyright statutory license pursuant to the Copyright Act…Aereo is proceeding to file the necessary statements of account and royalty fees.