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“News Corporation
has a long-standing commitment to the broadcast television
business, and to delivering the highest-quality entertainment, sports and news
programming to our viewers on a localized basis. We are committed to
broadcasting under a business model where programmers receive fair
compensation from parties that want to redistribute our product while
continuing to make our product available for free to individual consumers that
want to access our signal.
“We believe that Aereo is pirating our broadcast signal. We will continue to
aggressively pursue our rights in the courts, as well as pursue all relevant
political avenues, and we believe we will prevail.
“That said, we won't just sit idle and allow our content to be actively
stolen. It is clear that the broadcast business needs a dual revenue stream
from both ad and subscription to be viable. We simply cannot provide the type
of quality sports, news, and entertainment content that we do from an ad
supported only business model. We have no choice but to develop business
solutions that ensure we continue to remain in the driver's seat of our own
destiny. One option could be converting the FOX broadcast network to a pay
channel, which we would do in collaboration with both our content partners and
affiliates.”
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Posted In: News
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