CBS May Create Its Own Internet-TV Service to Challenge Aereo

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CBS Corp. would consider creating its own online-streaming television service with other networks if Aereo Inc. is allowed to continue selling broadcast programming over the Internet.

CBS may offer its shows in an Internet version of cable TV, know as an over-the-top service, Chief Executive Officer Les Moonves said on CNBC today. The Supreme Court is scheduled to rule this year on whether Aereo can resell broadcasters’ programming without their permission.