Otherwise known as the final piece in the all-internet media holy grail.
The launch and growth of Aereo.com signals the downfall and the eventual dismantling of cable TV as we know it. Aereo.com setup thousands (millions?) of tiny antennae to pick up HD broadcasts in NYC, built a data center complete with DVR and a purely magical app that lets you access that broadcast on your iPhone, iPad and even stream it to your AppleTV or Roku.
Get it yet?
While this is definitely the death knell of Time Warner Cable and other cable providers, it is the final piece in the all-internet media holy grail:
I’m starting to count the savings on the horizon: my $150/mo cable bill with internet goes down to about $55.
Aereo is only available in NYC at this time, but the model is clearly repeatable and only a matter of time before you’ll be able to dump your cable TV plan. As you’d suspect, old world media companies aren’t going down without a fight. They tend not to like it when upstart entrepreneurs (like Barry Diller) force them to get off their asses.
On March 1, two broadcasters (WNET, Thirteen et al) filed federal suits in Manhattan claiming that Aereo is infringing on copyrights by offering broadcasts from an antenna over the internet. Says Aereo in response? Bring it on: "Aereo does not believe that the broadcasters’ position has any merit and it very much looks forward to a full and fair airing of the issues." Where’s the popcorn?
Now if Hollywood would only charge me $25 to see new releases in my home instead of trudging off to a filthy theater… any one got a tiny HD video camera and a massive internet pipe handy?