The majority of viewing time clocked up by Aereo users is for watching live events like sports and storm reports, according to Chet Kanojia, CEO of the disruptive US subscription TV service.
According to reports in online news source All Things D, Kanojia estimates that half of Aereo users today have conventional pay-TV subscriptions, while half have cut the cord or never had a subscription.
Aereo, which streams free-to-air television signals to any IP-connected device over the Internet for a monthly fee, is currently being sued by the country’s major broadcasters for levying a retransmission fee on their free-to-air broadcasts.
The New York-based company recently secured a new round of funding worth US$ 33mn and has indicated that it plans to launch on a nationwide basis later this year.
Aereo subscribers pay US$ 12 per month or one dollar a day to get access to free-to-air TV broadcasts on any Internet-connected device.
Via All Things D