IAC/InterActiveCorp founder and chairman Barry Diller sat down with Bloomberg TV’s Willow Bay at the Milken Global Conference Monday. Diller, the primary backer of Aereo, talked about the future of television in an interview that aired on “Lunch Money” (video above).
“The law of the U.S. is that if you have an antenna, broadcasters must provide a signal that you can receive without any interference. That is the right of Americans who gave licenses to broadcasters. That is the covenant. We are providing a technological method for them to receive them,” Diller said. “In 1972 or 1973, [Broadcasters said] the video recorder was an illegal thing. They went to the supreme court. And of course we all enjoy video records.”