It's not just about Aereo. In its nebulous June 25 ruling against the streaming video company, the U.S. Supreme Court seemed to kick the door wide open for Internet-based distributors to deem themselves cable operators under copyright law. As BTIG Research analyst Richard Greenfield blogs, "Imagine if putting up a single antenna in a given city to retransmit broadcast signals locally (geo-fenced within a DMA) entitled Netflix, Google, Apple, Amazon and/or others to a compulsory license for broadcast signals with de minimis or even no compulsory copyright fees." Read Greenfield's full post here. (sub. req.)