we then speak with michael powell, president of the national cable and telecommunications association. as a newnk of aereo way of thinking of how people are going to consume television in the future. it is an online platform which is directed consumers and people can get access today to live broadcast television along with a dvr device without a cable connection. it is just using the internet for the price of eight dollars a month. >> this is over the air broadcast channels that people can get through your product? what am i holding in my hand? >> that is a key element of our technology. that is a micro antenna. how you use toas have over air antennas in the past. we miniaturized them. the purpose of miniaturizing them is we can build hundreds of thousands of these. allow thehat, we can cloud implementation of how a consumer can capture a signal which is really the big innovation here because the cloud technology allow us to lower the cost vary dramatically and lower barriers to consumers because suddenly you don't need boxes or cables, you just go online and sign up. >> what is it ma

we then speak with michael powell president of the national cable and telecommunications association.>> guest: when we think of aereo aereo as a really new way of thinking about how people are going to consume television in the future. it's an on line platform which is direct to consumers and people can get access today to live broadcast television along with their dvr device without a cable connection just using the internet for the price of $8 a month. >> host: this is over the air broadcast channels that people can get through aereo? >> guest: that's correct. >> host: what am i holding in my hand here? >> guest: that is the foundational piece of the aereo microantenna. think about it as how you used to have over the air antennas in the past. they were large. we miniaturized them so it allows technologies through and part of miniaturizing them is so we can build hundreds of thousands of these things into a small room and by doing that we can allow a cloud-based implementation of how consumers can capture a signal which is really the big innovation here. the cloud technologies allow

we then speak with michael powell, president of the national cable and telecommunications association. >> guest: we think of aereo as a really new way of thinking about how people are going to consume television in the future. it's an online platform which is direct to consumers, and people can get access today to live broadcast television along with a dvr on any device without a cable connection, just using the internet for the grand old price of $8 a month. >> host: and this is over the air broadcast channels that people can get through aereo. >> guest: that is correct. >> host: what am i holding in my hand here? >> guest: that's actually the key element, the foundational piece of the aereo technology. that's a microantenna. and and think about it as how you used to have over the air antennas in the past. they were large. we miniaturized them through a lot of sophisticated technology. and the purpose of miniaturizing them so we can build hundreds of thousands of these things into a very small room. and by doing that, we can allow a cloud-based implementation of how a consumer can ca

pulitzer prize winners michael cunningham, lahiri, alan taylor and lawrence writhe, mcarthur fellow, george saunders, winner of the circle award, d.a. powell and leann shaftton,ing me rosoff, new bury award winner, cynthia, and calvin, and the recipient of the presidential medal of freedom, tony moreson and miya angelou. please recognize these great writers with me. [applause]

powell street. walnut creek is clear and smooth sailing. 680, southbound, no delays. matt and kristen? >> sue, thank you. next, better news just if formula one car-racing legend, michael schumacher after a weekend ski accident. doctors are encouraged. >> a new controversy for the "duck dynasty" patriarch withent economies -- payment dark with d patriarch with comments from an old video. >> gasoline prices are up six cents from a week ago and in the midwest it was up a dime. the minimum wage is up tomorrow in 13 states good news for 2.5 million loci -- low-income workers. ford is again the best selling brand of autos in the united states, spotting to sell more vehicles than toyota for the fourth year in a row. toyota sells more cars and trucks to individuals but ford has higher fleet sales. for the ultimate couch potato this is now a 110" ultrahigh definition television for $152,000, not available in the united states yet. that [ angelic music plays ] ♪ toaster strudel! best morning ever! [ hans ] warm, flaky, gooey. toaster strudel! [ female announcer ] try new pillsbury heat-n-go mini pancakes. ♪ [ male announcer ] don't wait for awesome... totino's pizza rolls gets

pulitzer prize winners michael cunningham, lahiri, alan taylor and lawrence writhe, mcarthur fellow, george saunders, winner of the circle award, d.a. powellthia, and calvin, and the recipient of the presidential medal of freedom, tony moreson and miya angelou. please recognize these great writers with me. [applause] >> i'd like to thank our financial supporters. let me get through this list. please hold your applause. barnes & noble, pen wing. leadership, david drummond, and a division of central national, and sponsors amazon, google, harper collins, mcmillan, and debra whiley, thank you for your support. couldn't do it without now. [applause] i'd like to acknowledge in our audience is something special. the winners of our fifth annual innovations reading prize funded be the -- our organization is about recognizing great writing and encouraging the reading of great books. these organizations help make it happen. reading is the way up, project of city national bank of los angeles has provided books to more than 100,000 children. little free library in wisconsin has established book exchanges in over thousand locations -- 7,000 locations ar

powell street. profanities are yelled because of this accident. over to the should we are a kelly: twas the night before christmas when all through the house -- michael us into their home as they whip up a family holiday treat. plus some of hollywood's hottest stars share their favorite christmas memories, including jennifer hudson, emma thompson, mark wahlberg and