mr. kanojia, what does it cost an aereo service? to the consumer? >> guest: about $8 a month. there are two different plans, 8 or 12. >> host: and for that $8 or $12, what does one get? >> guest: for $8 you get a single antenna with 20 hours of storage for your recordings -- >> host: and you can watch that on your ipad, phone or home? >> guest: any device or application that we don't charge for, outlets, if you do. and for 12 you get the ability to do that with two antennas and 60 hours of storage. >> host: so can somebody be in their car traveling across country and watch a continuous to program or not? >> guest: so aereo's a geolocked technology is probably a good way to describe it. we protect the idea that a local broadcast is local. so when you exit -- it's constrained to your home market. >> host: where did your funding come from for this company? >> guest: we're a private company, so we are venture financed, if you will, is a good way to describe it. >> host: and barry diller's one of your financiers? >> guest: i see the company that he's chairman of is an investor. >>