In comments recorded by Bloomberg, Carey said that Fox and all its affiliate stations will stop broadcasting and move to cable in the event that Aereo is not shut down by the courts. "We need to be able to be fairly compensated for our content," Carey told other executives. "This is not an ideal path we look to pursue, but we can’t sit idly by and let an entity steal our signal. We will move to a subscription model if that’s our only recourse."
http://news.cnet.com/8301-1023_3-575787 ... nly-model/
Leslie Moonves, the chief executive officer of CBS, told the Times today that he "wholeheartedly supported what Chase said" and that his network had held talks with cable operators about taking its signal off the air. CBS, as well as the other broadcast networks, are in litigation with satellite TV provider Dish Network over the legality of its ad-skipping technology.
This is going to get really interesting for a number of reasons. Most people won't care, as they get all of their programming via MSO like Time Warner or DirecTV. But the issue is that the networks are considering stopping over the air broadcasts (bunny ears) because of the threats they perceive in the Dish Network Hopper and the personal Slingbox style service Aereo.
The government/FCC "owns" the airwaves and they let the broadcasters use them provided they follow some provisions that serve the public good. It will be interesting to see what kind of fight they put up should a major network decide to cease broadcasting and become cable channels. On one hand, the networks are supposed to providing public services and information dissemination. Is that still needed in the newspaperless internet era?
There are also companies like Verizon, TMobile, Cisco, etc who will line up to pay huge sums for the rights to use the radio spectrum the big four are currently occupying.
I still use an aerial for local broadcasts - its just simply higher quality. I also like using it to watch tv outside when the weather permits. But I can't say I would mind too much. I think wireless internet services would be helped greatly by this.