Asked what his company will do if it loses its copyright battle with broadcasters in the Supreme Court, Aereo Chief Executive Chet Kanojia said the company has no “plan B,” reports Fierce Cable, citing an interview with Bloomberg TV.
“There is no plan," Kanojia said when asked what the company’s alternate plan would be. "If we don’t succeed, despite our best efforts and the good law being on our side, it would be a tragedy. But it is what it is."
Fierce Cable reports: “The deck seems stacked against Aereo, which, if it wins, could alter the entire broadcasting model of charging for retransmission of broadcast signals. Earlier this month the Justice Department threw its support behind broadcast networks and noted the reversal of a lower court’s decision in favor of the startup, saying that the decision ‘need not call into question the legitimacy of innovative technologies that allow consumers to use the Internet to store, hear, and view their own lawfully acquired copies of copyrighted works.’”