Tech upstarts threaten TV broadcast model

By Liana B. Baker and Ronald Grover (Reuters) - 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. ...



via Tech News Headlines - Yahoo! News http://news.yahoo.com/tech-upstarts-threaten-tv-broadcast-model-235723778--finance.html