Seeking Alpha

Broadcasters at risk if legal battles go astray

  • Broadcasters face a growing risk that courtroom decisions will go against them in a myriad of cases against Hopper (DISH), Aereo, and FilmonX.
  • After a detailed breakdown of the most recent developments, BTIG thinks the pendulum is swinging toward the upstart services.
  • If it does, the future of retransmission fees is up in the air.
  • Related stocks: DIS, CBS, FOXA, CMCSA, SBGI, BLC, NXST.
  • Related ETF: PBS
Comments (1)
  • So NOW they are worried ?

     

    What it comes down to, is, these "broadcasters" do not have the already developed infrastructure to compete, nor the brains to come up with anything, so instead they "sit on" development and freely spend stockholder money on pointless litigation.

     

    AND they freely spend money, TO THEIR BUDDIES IN WASHINGTON, HOLLYWOOD, AND CHINA, and on politically correct BOMBS, like THE LONE RANGER !

     

    Who is fooling ANYONE here ?
    24 Sep 2013, 01:26 PM Reply Like
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