Originally posted on paidContent:
You don’t save enough by replacing your pay TV subscription with over-the-top services to justify the loss of available content. That was the conclusion put forth Thursday by Barclays media analyst Anthony DiClemente, as he broke down the value proposition for litigation-challenged start-up Aereo for investors.
In his report, DiClemente cast long odds for Aereo, the cloud-based programming service funded by media mogul Barry Diller, which seeks to stream broadcast TV channels with a DVR interface to tablets, notebooks and over-the-top boxes for $12 a month.
Even if Aereo emerges intact from its court battle with broadcasters, DiClemente surmises, it’ll find itself positioned as merely “one more over-the-top distributor” in a realm he feels has limited long-term consumer appeal.
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“In our view, dropping cable TV in favor of a bunch of…
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