Broadcasters should seek a legislative solution to Aereo...

Broadcasters should seek a legislative solution to Aereo rather then suing the streaming TV service, analysts BTIG said in a blog post Monday (http://bit.ly/1rZwOXO). Broadcasters should update “woefully outdated” copyright and retransmission consent laws instead of suing Aereo, BTIG said. Rewriting the Communications Act or the Cable Act is risky, because “so much of the law is outdated, that the risk of the unknown could be greater than the risks posed by current laws,” BTIG said. Since those rules were written, “distribution methods have progressed beyond where Congress could have imagined,” BTIG said. “A legal Aereo should serve as a wake-up call to the government to update a wide array of outdated media legislation, which has also led to a severe imbalance of retransmission consent leverage."