TV Broadcasters Really Hate Tiny Antennas, & 6 More Things to Know Today

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TV on the Internet (In this Thursday, Dec. 20, 2012, photo, Chet Kanojia, founder and CEO of Aereo, Inc., stands next to a serve
AP, Bebeto MatthewsChet Kanojia, founder and CEO of Aereo, stands next to a server array of antennas, and holds a single micro-antenna between his fingers.
Here's a quick rundown from the world of business and economics this morning: the things you need to know, and some you'll just want to know.

• A group of major TV broadcasters is expected to take its lawsuit against online TV service Aereo to the Supreme Court, sources say. Aereo deploys vast arrays of tiny antennas to receive all the over-the-air broadcast TV stations available in your area, then lets its customers stream those shows online for about $12 a month. Whenever you're watching, you're assigned your very own micro-antenna. Because of its clever technical end-run, the courts have thus far ruled that Aereo isn't breaking the law -- it's just helping people do what they're already allowed to do: Watch free broadcast TV. CBS, Comcast, Disney, and News Corp., among others, really hope the high court disagrees.

• The market spiked upward by about 2.2 percent Thursday, and kept rising a bit more cautiously in after-hours trading, thanks to optimism that Congress may add six weeks worth of fiscal breathing room to the debt ceiling.

• But this is Washington: and there are no guarantees. If Congress fails to act, the U.S. government won't be able to pay its debts -- and there are a lot of them. NPR breaks it down -- everyone Uncle Sam owes money to, in one graphic.

• There's a price to be paid for living in the Great White North ... literally. Back in the 1990s and the early 2000s, Canadian dollars were generally worth a lot less than U.S. greenbacks. These days, the loonie is worth just four cents less than the dollar, but shoppers in Canada still pay about 10 percent more for the same goods than we do in the United States. And in some categories, the premium is a lot higher.

• Nobody gets a Social Security "check" anymore: Instead, payments from the agency are either direct deposited into your bank account, or are placed in a debit card. But what happens if criminals hack your debit card and steal your money? You could have a long wait for help.

• The vast and growing wealth inequality we're experiencing in the United States isn't inevitable. Other nations have taken steps to stem the problem within their borders -- steps the U.S. isn't taking. The L.A. Times explains why the wealth gap is an even bigger danger than you might think.

• And finally, a little bit of sweet news. Hershey is launching its first new candy in 30 years: Lancaster caramels. The soft candy will hit stores in January and come in three flavors: plain caramel, vanilla and caramel, and vanilla and raspberry.


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Dippy Dump

Yada yada yada

October 12 2013 at 5:41 AM Report abuse rate up rate down Reply
ksm

I do not understand how Aereo, their attorneys, and the courts are able to disregard the standard disclaimer that has been repeated on TV for the last 40+ years. “Any rebroadcast, retransmission, or account of this game, without the express written consent of the NBA, MLB, NFL, etc..." As I understand it, the point of the Aereo business model is to attempt to receive the local sports coverage and then offer it - re-transmitted across the Internet - as a subscription to their service. Seems like an easy Intellectual Property case. I guess not.
Anyone that may have any insight, I would appreciate it.

October 12 2013 at 12:59 AM Report abuse rate up rate down Reply
stevendy1

aveo is not really needed.. just buy a signal amplifier ( $35 ).. works fine for me and I am about 60 miles away from the station in hilly country..get 28 stations--all FREE..

October 11 2013 at 4:32 PM Report abuse +1 rate up rate down Reply
hutsonapexglass

We have not had cable or dish for over 15 years. We could easily afford it , but we choose to "waste" our money elsewhere. Couldn't be happier with free TV, plus our kids wont grow up to be cable sheep. TV stations have to pay for broadcasts over the air, antennae maintenance, etc. I don't really think someone should be able to make a profit utilizing those broadcasts and not have to pay some sort of usage rights if they don't already.

October 11 2013 at 3:09 PM Report abuse +1 rate up rate down Reply
Steve Schiffman

There is no legal basis for disallowing the use of TV antennas to pick up on-air television signals. What would happen if somebody challenged the right for a TV station to have the use of all the digital channels due to compression etc rather than just having one; and thus freeing up to competition the remaining channels? I am sure they would object to that use of technology!

October 11 2013 at 2:42 PM Report abuse +1 rate up rate down Reply