Diller Says 35% of U.S. May Eventually Subscribe to Aereo

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Billionaire Barry Diller, the backer of Aereo Inc., said the online-television service may eventually get as much as 35 percent of U.S. households to subscribe if it overcomes legal challenges from broadcasters.

People in their mid- to late-20s aren’t willing to pay $100 a month for cable-TV packages, making Aereo’s $8 service increasingly attractive, Diller said today at The Year Ahead: 2014, a two-day conference hosted by Bloomberg LP in Chicago.