A CBS executive testified yesterday that a service that streams broadcast channels over the Internet for a monthly fee is threatening immediate harm to the revenues of broadcasters and TV stations, and should be stopped.
Martin Franks, CBS’ vice president for policy, planning and government relations, said that the Barry Diller-funded start up Aereo would make it impossible to measure viewership and thus lead to a decline in advertising ratesan “irreparable harm” that justifies the preliminary injunction the networks are seeking from Southern District Judge Alison Nathan.
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