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Technology Stocks : Aereo

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To: zax who wrote (4)2/24/2014 11:40:38 PM
From: ChrisGillette   of 22
 
Thanks for posting...

Broadcasters must think we're all stupid. They tell their investors/shareholders one thing, then the very next day tell the courts something completely different...

To CBS shareholders on Friday, February 21:
CBS CEO Les Moonves stated that Aereo "will not affect our bottom line" and "is not anything that we're deeply concerned about"

CBS CEO admits company wouldn’t suffer at all if Aereo keeps operating
BY ZACH EPSTEIN ON FEB 21, 2014

bgr.com



To the courts on Monday, February 24:
Broadcasters including CBS told the US Supreme Court that Aereo "threatens the very existence of broadcast television" and would "greatly harm their ability to collect carriage revenues from pay TV operators"

Broadcasters to Scotus: Aereo Threatens ‘Very Existence of Broadcast Television’
By JACOB GERSHMAN

blogs.wsj.com
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