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Cable Companies Consider Going The Way of Aereo

At least three cable companies are considering circumventing the billions of dollars of retransmission fees they have to pay to broadcast TV companies by capturing free broadcast-TV signals themselves, Bloomberg reports. The cable companies would be mimicking the business model of Aereo and FilmOn X, which have developed Internet streaming services in which they retransmit free broadcast programming to subscribers through individualized antennas. A case in which Aereo's business model was found not to violate copyright law is now pending before the U.S. Supreme Court for the high court to consider hearing the appeal.

Bloomberg also reports that "retransmission fees in the United States are expected to double to $6.1 billion in 2018 from $3.01 billion this year."