Before being compressed for transmission, the video stream is reformatted for the standard Japanese phone's 320-by-240 pixel screen.

ECONOMIST: America is finally poised to get mobile television

VOD, a unique 300 kilobit per second (kbps) data stream has to be allocated for the duration of the transmission to each user.

ECONOMIST: MONITOR

Broadcast transmission fees are now a multi-billion dollar business and Aereo could be upending this stream of revenue for the big broadcasters.

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