Chet Kanojia

Chaitanya Kanojia,affectionately called  Chet,an Indian entrepreneur and CEO of Aereo, a New York-based technology company,is the David who has taken on media Goliaths in the US with an antenna the size of a 10 paise coin.

What he did was allow subscribers to view live TV programmes over the internet for a small monthly charge starting at $8. In the process, he has threatened millions of dollars that cable companies pay broadcasters for their content.As expected, he got sued, by 17 plaintiffs, including major broadcasters such as CBS, NBC Universal, ABC and Fox, for copyright infringement. But in a landmark judgment for US consumers, on April 1, 2013 an appeals court upheld a lower court’s ruling saying Aereo’s streams did not infringe copyright laws and could continue operating.Cable companies in the US charge customers $100-200 a month for some 500 channels, when, in fact, they watch just 7-8. This technology offers custimers a chance to watch just what they want at a vastly reduced price. Read more of this post