With just days to go before the Supreme Court takes up the Aereo case, CEO Chet Kanojia sat down with Yahoo! global anchor Katie Couric for a wide-ranging interview about the streaming TV service. Couric asked Kanojia to respond to comments from News Corp. COO Chase Carey, who said recently: “We need to be able to be fairly compensated for our content. We can’t sit idly by and let an entity steal our signal.”
“I think he’s absolutely right they have a right to be fairly compensated. And I think they are,” Kanojia responded. “The reason they are is because the deal between Congress and the broadcasters in exchange for free spectrum was to program in public interest and convenience. And they could make all the money they wanted in advertising. And in fact today, over 90% of the revenue does come from advertising, which is why they care about ratings. So they are fairly compensated.” Watch:
TVSpy has more on Couric’s interview with Kanojia.