What Happens To Broadcasting If Aereo Wins?

[Commentary] From a lot of the talk around, you would think that broadcasters' future rests on their winning the Aereo case now pending before the Supreme Court. I'm not sure that it is.

Yes, there is a doomsday scenario in which broadcasting is hobbled and set on a path to quick obsolescence. But that scenario is based on some dubious assumptions and there is at least one alternative scenario in which broadcasters reinvent themselves as an online video distributor and beat Aereo at its own game.