*By Chloe Aiello* In the fight to save broadcast from cord cutters and big tech, television streamer Locast has an ambitious plan: increase and improve the data available to traditional broadcasters. Broadcasters are still relying on metrics from companies ー like standard-bearer Nielsen ー that are widely considered outdated. "What I'd like to be able to do is help broadcasters with their advertising, reaching the audiences that are online," Locast's chairman David Goodfriend told Cheddar Wednesday. "I think we could help broadcasters understand who's watching those advertisements and basically give that data to their ad sales team." The younger e-rivals of broadcast have deep stores of data to inform their advertising and programming decisions. And according to [eMarketer](https://www.emarketer.com/content/exodus-from-pay-tv-accelerates-despite-ott-partnerships), the number of cord-cutters will rise to 33 million this year. Locast is a translator station, meaning it takes a signal off the air and translates it for an internet stream. It streams major local broadcast stations for free over the internet in select cities, geofencing the signal to ensure streamers are local. Launched Jan. 11 in New York City, Locast has since spread to Boston, Mass., Chicago, Il., Dallas, Tex., Denver, Colo., and Houston, Tex. "If you want to cut the cord, you really don't have a good way of getting your local broadcast TV stations over the internet," Goodfriend said. By providing information about who is watching what and when, Goodfriend said Locast can help local broadcasters reach digital audiences and make more informed advertising decisions. Locast is far from the first to attempt this type of business model. Media technology company Aereo also experimented with streaming television over the internet, but went bankrupt in a blaze of lawsuits in 2014. Locast has, so far, managed to avoid a similar fate ー largely thanks to its status as a nonprofit. "The U.S. Copyright Act" of 1976 allows nonprofits and government organizations to transmit broadcast signals without permission or a license. Goodfriend said broadcasters have welcome the service with open arms. "The most interesting thing to me has been the warm reception we've gotten from a lot of broadcasters who are looking for ways to reach audiences online and for whatever reason feel hamstrung from doing so, and we are doing it as a nonprofit. They like it." For full interview [click here](https://cheddar.com/videos/the-non-profit-using-internet-to-change-tv-consumption).

Share:
More In Business
Ford Cuts Production of F-150 Lightning Electric Truck
Ford says it’s reducing production of the F-150 Lightning electric pickup vehicle as it adjusts to weaker-than-expected electric vehicle sales growth. The automaker said about 1,400 workers will be impacted by the move.
Apple Overtakes Samsung as Top Seller of Smartphones
Dan Ives, Managing Director and Senior Equity Analyst at Wedbush Securities dives deeper into a report by the International Data Corporation (IDC) that Apple has ended Samsung's 12-year reign as the world's largest smartphone seller.
AI is the Big Opportunity and the Risk to Watch at Davos
Artificial intelligence is the biggest buzzword at the World Economic Forum’s annual meeting in Davos. Advances in generative AI stunned the world last year, and the elite crowd is angling to take advantage of its promise and minimize its risks.
Load More