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Time Warner Cable (TWC -0.2%) CEO Glenn Britt delivered a sobering thought for media...

Time Warner Cable (TWC -0.2%) CEO Glenn Britt delivered a sobering thought for media concerns during the company's earnings call (transcript). The exec says if Aereo becomes legal it would have a "significant impact" on the future of transmission fees. The quick uptake is that the development would be good for cable/satellite players (CVC, DTV, CHTR, DISH), but bad for broadcasters (DIS, CBS, CMCSA, AMCX, NWS) (h/t Rich Greenfield BTIG)
Comments (2)
  • Esekla
    , contributor
    Comments (2821) | Send Message
     
    "becomes" legal? It is legal until ruled otherwise, which hasn't happened yet. I guess he means, if vested interests fail to get a judge to thwart innovation that threatens their cash cow.
    25 Apr 2013, 01:35 PM Reply Like
  • stargazers
    , contributor
    Comments (21) | Send Message
     
    Screw those cable companies as they are screwing us all
    25 Apr 2013, 04:32 PM Reply Like
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