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Friday, May 03, 2013

CBS joins Fox in considering subscription-only model

Another television network has joined the broadcaster backlash following last week's court decision upholding Internet TV company Aereo's right to stream broadcast TV without paying retransmission fees.

Like rival Fox TV, CBS, the parent company of CNET, is considering alternative ways to monetize its television content in the face of Aereo's service, including cutting off broadcast signals in favor of a subscription-only model, The New York Times reported today. The revelation comes a day after Chase Carey, chief operations officer of News Corp., indicated that Fox would change its business model to ensure it gets paid for TV content it produces.

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