Wednesday, July 24, 2024

Fox threatens to become a pay-TV channel if courts greenlight Aereo, probably doesn’t mean it


Fox threatens to become a payTV cable channel if courts greenlight Aereo, probably doesn't mean it

Quick: what’s the difference between a broadcast TV network (Fox, CBS, ABC and NBC) and a cable channel (TBS, TNT, ESPN, etc.)? Oh, only millions and millions of viewers. Nevertheless, Fox’s COO Chase Carey is perturbed enough by the mere thought of Aereo getting its way, that he’s already claiming that the network will go dark in favor of becoming a cable channel — if and when OTA network streaming over the internet is completely legalized, that is. Causticism aside, Carey’s remarks are certainly indicative of how the networks feel about the potential disruption of their revenue stream, and moreover, showcases just how far we are from living in a world that isn’t dominated by the same old processes when it comes to entertainment.

Carey stated: “We need to be able to be fairly compensated for our content. This is not an ideal path we look to pursue, but we can’t sit idly by and let an entity steal our signal. We will move to a subscription model if that’s our only recourse.”

Is it possible that Fox would suddenly vanish from over-the-air antennas everywhere, screwing up countless programming agreements with a near-endless amount of partners? Sure… but it’s also possible that the ninth circle of Hades will be converted into an NHL arena. We’re calling your bluff, Carey.

Update: According to the New York Times, Univision chairman Haim Saban joined the saber rattling, stating that his network is ready to consider all options, including converting to pay-tv.

Filed under: Home Entertainment, Internet, HD


Source: Bloomberg

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