Aereo Attempts Comeback as a 'Cable Company'

Aereo Inc.'s defiant stance in the wake of an adverse ruling by the Supreme Court last month is setting off debate over a controversial area of the copyright law, with broad implications for the budding online video sector. But rather than slink away defeated, the company is hoping to turn the court's decision to its advantage. If it were classified as a cable company, Aereo argues, it should be able to qualify for a "compulsory license" -- meaning it could pay limited royalties for the rights to broadcast content.