subject of a continuing dispute with Comcast. New York is Aereo's only current TV market and Bloomberg's most important one. While Aereo likely has a modest number of subscribers, you can be certain that its choices are watched closely by the incumbents with which it competes.
- Bloomberg is already streamed free on the web at http://www.bloomberg.com/tv/; the service has been available over-the-top for a long time. Few other cable services are.
- Bloomberg is sold a la carte by at least one distributor, Dish Network. Few other cable services are.
- Cable programming represents a very small portion of Bloomberg Media. 85% of its revenue comes from the rental of Bloomberg information "terminals" to financial professionals. The company has annual revenues of about $8 billion. Bloomberg has only one US TV programming service; all the major US programmers operate multiple networks. SNL Kagan estimates Bloomberg TV's 2012 license fee revenue at less than $60 million. The channel draws several times that in advertising, far from the more typical 50/50 license fee/advertising revenue split for a cable network.
- Most importantly, Bloomberg is not involved in broadcast television (like Disney, Comcast/NBCU, CBS, Fox or Univision), so it is not currently being sued by Aereo.
some prior posts about Aereo:
Dog Bites Man - Broadcasters Sue Aereo (2 Mar 2012)
Aereo (Beta) Arrives in NYC - Broadcasters Likely Peeved (15 Feb 2012)