It’s time to let television viewers buy individual channels rather than being required to pay for bundles of programming, and to end blackouts of sports events in publicly financed stadiums, U.S. Senator John McCain said.
Aereo Inc. Chief Executive Officer Chet Kanojia challenged CBS Corp. and News Corp.’s Fox broadcast network to follow through on threats to go off the air and switch to cable to prevent the Internet startup from retransmitting their shows without permission.
IAC/InterActiveCorp, the owner of websites from Match.com to Newsweek/Daily Beast, rose to the highest in six months after saying its search business is overcoming the effects of a policy change by Google Inc. on search results.
News Corp.’s Fox network will go off the air and become a cable channel if U.S. courts don’t stop Internet startup Aereo Inc. from retransmitting shows like “The Simpsons” without permission, said Chief Operating Officer Chase Carey.