In BTIG’s view Locast.org as one of the most disruptive media companies as it offers consumers HD-quality, broadcast television over the Internet for free, as Congress intended. Unlike Aereo, which was shut down by the Supreme Court (preventing Aereo from utilizing a workaround of the performance right), Locast.org operates under the non-profit exemption for the retransmission of copyrighted works within the US Copyright Act of 1976 (it is funded by donations). Locast.org uses geo-location to provide service only to consumers within a given DMA who could use a traditional free-to-air broadcast antenna to receive broadcast TV signals. Currently, Locast is available in 17% of US TV households including NYC, Chicago, Boston, Dallas, Houston, Denver, and Philadelphia.
Replay of BTIG’s Locast Interview
Locast.org, America’s only nonprofit, free, local broadcast TV digital translator live TV streaming service, was founded by Sports Fans Coalition NY (SFCNY), a New York-based nonprofit, fan-advocacy group formed in 2017. Locast launched in 2018 and is available in 33 DMAs. SFCNY is the first local chapter of Sports Fans Coalition, Inc., which led the successful campaign to end the FCC’s Sports Blackout Rule and continues to advocate for fans. In 2020, Locast added more than 1 million users, making it one of the fastest-growing live TV streaming services and was named the 2020 most-improved streaming service by TechHive. As a nonprofit, Locast is supported by user donations and is available at www.locast.org.
Locast Public Relations