Earlier today, Barry Diller introduced Aereo, a company backed by IAC, at a press conference in New York City. Aereo streams broadcast TV to your browser and provides a DVR in the cloud by miniaturizing TV antennas and packing them in equipment that sits on the network. In the video above, which we took at the event, you can see Diller’s opening remarks and part of CEO Chaitanya Kanojia’s presentation. At the end, I grabbed Diller on camera to ask him how does this expand beyond just broadcast channels to cable and beyond.

If Aereo can build a big enough audience with bringing broadcast TV to iPads and other screens, then the company can try to cut deals with other channels for carriage. “Eventually,” says Diller, “it is my belief that the world really deserves a la carte programming.” He continues, “It would be much better for users to say, ‘These are the programs I want, I don’t want you to bundle them for me.’”

Is TV in the cloud is on its way? Will the cable industry ever succumb to this type of logic? I sure hope so.

• BARRY DILLER
• AEREO

Barry Diller is the Chairman and Chief Executive Officer of IAC, the Chairman of Expedia, Inc. and the Chairman of Live Nation Entertainment.

IAC is a leading internet company with more than 50 fast-growing, highly-related brands serving loyal consumer audiences… our mission is to harness the power of interactivity to make daily life easier and more productive for all people all over the world. Some of IAC’s businesses include Ask.com, Match.com, Citysearch, Evite, ServiceMagic and Gifts.com.

Expedia, Inc. is one of…

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Aereo will stream local television to consumers in the New York area. The service will cost $12 per month.

The company will stream the major networks. Subscribers will able to view NBC, ABC, CBS, PBS, FOX, CW over 20 local channels. However Cable TV will not be part of the offering.

Consumers who sign up will be able to view television on their computers, smartphone, tablets and on their televisions sets. They will also be able to…

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Article source: http://techcrunch.com/2012/02/14/diller-tv/