I'd highly recommend this post from dkoellerwx:
http://s4gru.com/index.php?/topic/5628-aereo-what-do-you-think-of-it/&do=findComment&comment=293884
If you have time, I would recommend reading the whole thing. It may provide some perspective.
Secondly, how would you propose broadcast companies pay for internet broadcast?
And, would it be possible to consider that wireless companies should use their spectrum more efficiently rather than continually asking for more?