FORTUNE -- Chet Kanojia's controversial startup Aereo has been described a number of ways: disruptive, innovative, and possibly illegal. But for Kanojia, CEO, what he and his New York City-based team are doing is perfectly legitimate.
"Consumers have already paid for this," Kanojia told Fortune onstage at this year's Brainstorm Tech conference. What Aereo's 2,000 users in New York, Boston, and Atlanta are paying $8-plus a month for is the technology to pick up, stream, and record network television programming over the Internet. What they're not paying for is the content itself. "People don't want channels anymore -- they want shows," argues Kanojia. And Aereo enables this new consumer behavior.
It's a model that appeals to Aereo's early users and backers that include IAC (IACI) CEO Barry Diller and SV Angel. But because the company relies on antennas and therefore doesn't have to pay the retransmission fees distributors must pay broadcasters like Fox and PBS, many of those same broadcasters argue the startup's actions amount to copyright infringement. So far, the Court of Appeals disagrees and as recently as last week, sided with Aereo.
For Kanojia, that means full-stream ahead. He wants to expand to 13-plus more cities in the coming weeks and a total of 22 within three months. Even longer-term, Kanojia predicted that one in four people could become subscribers within seven years. That's extremely ambitious for the nascent company, and even Kanojia admitted Aereo might not meet his short-term expansion plans. And with the law on his side -- at least so far -- Aereo remains confident. Said Kanojia: "Do consumers want the service? Absolutely."
The mobile dating game that lets you rate people by their looks is trying to shift into a tool for business networking.
By Daniel Roberts, writer-reporter
FORTUNE -- Nope. Nope. Nope. YES! Nope …
That might be your thought process while using Tinder, a mobile app that offers up photos of people to judge with a "yes" or a "nope" -- depending on their attractiveness. The iPhone app, which debuted in October, connects MOREJun 6, 2013 12:02 PM ET
Dating sites exist for all interests - from mullets to bondage - but few users realize many niche destinations are part of much larger enterprises.
By Anne VanderMey, reporter
FORTUNE -- Let's say you're looking for love. Let's also say you love the satirical newspaper The Onion. You might decide to make a profile on TheOnion.com dating site. Naturally, you assume that you'll be connected to other lovers of the MOREFeb 14, 2013 7:02 AM ET
Fortune's curated selection of tech stories from the weekend. Sign up to get the round-up delivered to you each and every day.
* Yahoo (YHOO) has three new directors: former Fox Broadcasting Network Chairman Peter Liguori, American Express (AXP) Chief Marketing Officer John Hayes, and IAC/Interactive Corp (IACI) Chief Financial Officer Thomas McInerney. (All Things D)
* What Amazon's (AMZN) $775 million acquisition of Kiva Systems, which makes robots intended to move around warehouses and stock MOREJP Mangalindan, Writer - Mar 26, 2012 4:30 AM ET
Vimeo is the web's go-to for high-quality, DIY digital video. And its founders might've invented the Like button. Not bad for a side project.
By John Patrick Pullen, contributor
November 17, 2005 is a day that lives in online infamy. While no one knew it at the time (5:28 p.m., to be precise) this is when the first 'Like' button was clicked. Of all the websites that currently feature the social media MOREFeb 23, 2011 12:20 PM ET
Diller says his websites didn't miss the social media wave because not everyone has to ride it.
By Shelley DuBois, reporter
Barry Diller's sitting on some prime, if diverse, Internet real estate. His company, IAC/InterActiveCorp (IACI), owns Match.com, Ask.com, Citysearch, and about 50 other sites that seem like they could create the kind of digital sharefest communities that Facebook and Twitter have built.
But IAC didn't miss the boat, Diller said at Fortune's MOREJul 23, 2010 5:25 PM ET
From tablets to conflicts, business models to investment opportunities -- what we are hoping to hear.
By Shelley DuBois, reporter
Fortune's 2010 Brainstorm Tech conference kicks off tomorrow in Aspen. Here's a preview of some of the questions our moderators will be asking top tech execs.
-Twitter, Zynga and LinkedIn are courting online ad money. Group M CEO Irwin Gotleib has a ton of it - his company is a major media-buyer. Group MOREJul 21, 2010 3:31 PM ET
This is one in a series of articles leading up to Fortune Brainstorm Tech, which takes place July 22-24 in Aspen, Colo. The articles will look back at the progress of companies that presented at Brainstorm in 2009 as well as look forward to those that will present this year.
By Shelley DuBois, reporter
The same force that compels you to watch YouTube clips when you should be working could drive the future MOREJun 16, 2010 4:04 PM ET
The departure of outsized NBC chief Ben Silverman is the third time that the producer will team up with IAC's Diller.
By Richard Siklos, Editor at large
Ben Silverman's departure from NBC this morning comes as no huge surprise: he was an out-of-the-box choice to head programming at major broadcast network and his two-year-plus tenure was marked by lots of attention on Silverman's outsized persona but little yet in terms of new MOREJul 27, 2009 3:39 PM ET
>Ben Baer, Senior Producer - Jul 24, 2009 4:19 PM ET
|America's economic mobility myth|
|American Airlines, US Airways to form largest air carrier Monday|
|Tech firms call on U.S. to reform spying activities|
|Someone bought a $100,000 Tesla with Bitcoins|
|AMC gives rewards program members insider access to IPO|