CBS joins Fox in Considering subscription-only model

CBS is joining FOX in considering to cut off its broadcast signal in favor of a subscription model. This is in response to a court decision upholding Internet TV company Aereo's right to stream broadcast TV without paying retransmission fees.

"We need the dual revenue stream model of retransmission fees and advertising to sustain our business," Case Carey, COO of News Corp., said yesterday at National Association of Broadcasters' annual trade show in Las Vegas.

This would not only affect customers of Aereo and other similar services, but could force payment by viewers who currently watch TV with their own over-the-air antennas.

Lies Moonves, CEO of CBS, we wholeheartedly agrees with what Chase Carey said and stated that CBS has been in talks with cable operators to take the CBS signal off the airwaves.

Read more about Aereo by clicking here.