CBS May Cut Off Broadcast if Aereo Prevails: CEO Moonves

CNBC.com reports that CBS Chief Executive Officer Leslie Moonves said the No. 1 rated broadcaster could offer its content directly to consumers over the Internet and cut off its traditional broadcast signal if the Aereo video streaming service is deemed legal.

Major broadcasters are challenging Aereo’s use of their television broadcast signals without paying for them. The case will be argued in front of the U.S. Supreme Court in April.

“If Aereo should work, if they should win, which we don’t think will happen, we can go OTT with CBS,” Moonves said on Tuesday at an investor conference.

Read more at http://www.cnbc.com/id/101483983 and see our editorial What if… Aereo Wins?