Aereo Inc. 's US$12 per month broadband-powered video service threatens to destroy the TV business model, NBCUniversal LLC EVP for Content Distribution Matt Bond claimed in a court filing, reports The Hollywood Reporter. NBC (now part of Comcast Corp. (Nasdaq: CMCSA, CMCSK)) and other broadcasters are suing Aereo and seeking an injunction on grounds that its new service, which grabs free over-the-air TV signals and sends them to paying customers via broadband, violates copyright and retransmission rules. Bond acknowledged that it "makes little economic sense" for pay-TV operators to pay NBCU fees if they could mirror Aereo's scheme, noting that he knows "for a fact that cable companies have already considered such a model." (See Diller Says Aereo Doesn't Sell Content and Aereo Strikes Back.)
A new survey from the Consumer Electronics Association (CEA) unsurprisingly found HDTVs remain the most popular devices for viewing video, used by 66 percent of the U.S. adults surveyed. Computers were also popular, with 62 percent of those surveyed using a laptop to watch video and 55 percent using a desktop. About one-third (33 percent) use smartphones and just 17 percent use tablets for video viewing. However, 66 percent of TV viewers use other CE devices simultaneously.
Foxconn Electronics Inc. squashed the latest Apple Inc. (Nasdaq: AAPL) HDTV rumor, denying a report in China Daily that Chairman Terry Gou said that the Chinese manufacturing giant is preparing its facilities for Apple's long-rumored device. "At no time did he confirm that Foxconn was in development or manufacturing stages for any product for any of its customers," the company said in a statement.
Hughes Network Systems Inc. 's EchoStar XVII Ka-band satellite has arrived at the European Spaceport in Kourou, French Guiana, where it's being prepped for an expected June launch. The new bird will power HughesNet's Gen4 high-speed Internet service for North America and provide in excess of 100 Gbit/s of capacity.