With Aereo you can now watch live broadcast television online. No cable required. Did you read that last little sentence. NO CABLE REQUIRED! So yes, this is going to move the content distribution to a WHOLE other level. Who owns something that is free in the air?

Is Aereo coming to a city near you? Check out their site and keep and eye on this story. This is not going to go away as entertainment content delivery shifts have been making their way across the landscape for a decade or more.

http://reviews.cnet.com/8301-33199_7-57377530-221/aereo-brings-over-the-air-tv-to-the-cloud/