Senator Mark Warner calls the bluff of broadcasters (CMCSA, CBS, DIS, NWS, NWSA) threatening...


Senator Mark Warner calls the bluff of broadcasters (CMCSA, CBS, DIS, NWS, NWSA) threatening they will pull their major networks off the air to cable if Aereo isn't stopped in courtroom battles by noting FCC broadcast licenses could be pulled in that scenario. With Aereo growing around like the country like a weed, and the proposed Television Consumer Freedom Act including a ban on networks converting to cable, the headaches of the industry have become a little more pronounced. Don't expect CBS head honcho Les Moonves to stay quiet on the latest development.

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Comments (4)
  • orangutan
    , contributor
    Comments (261) | Send Message
     
    a ban on networks converting to cable

     

    How's that free market thing working out?
    15 May 2013, 11:48 AM Reply Like
  • alpha5050
    , contributor
    Comments (9) | Send Message
     
    As if they have no other issues. Oh, Libya, AP, IRS> Yep, networks are the real issue.
    15 May 2013, 12:41 PM Reply Like
  • dutchmill
    , contributor
    Comment (1) | Send Message
     
    So where should an investor go to benefit from a possible move to the new tech?
    15 May 2013, 12:41 PM Reply Like
  • hat_trick3
    , contributor
    Comments (1479) | Send Message
     
    I guess Senator Warner doesn't understand that IF the networks go to cable, they won't NEED their broadcast licenses anymore.

     

    Second, there is no precedent for anything like this ever.
    15 May 2013, 01:14 PM Reply Like
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