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Analyst: Aereo Could Drive TV Nets To Cable

Variety | by TVNewsCheck

Sanford Bernstein analyst Todd Junger says that “in a world where Aereo (or equivalent) was thriving and stealing away pay-TV subscribers and the retrans that goes with them, the math would be different. Faced with this prospect, we believe the broadcast networks would be better off converting to cable, preserving their bundled economics and working as hard as possible to minimize the negative impact of losing the local presence.”