Could this be the end of broadcasting as we know it?

[Sid Schweiger]

"What is so bad about aereofrom the broadcasters perspective ?"

The loss of billions of dollars in cable and satellite retransmission fees.  The networks' business model now depends on that money.  If everyone suddenly turned the clock back 50 years, to the no-cable era, all that money goes away, and that's exactly what Aereo is capable of.