The U.S. Supreme Court ruling on Wednesday against Aereo was a very "pro-consumer thing" and a "terrific victory" for content providers, CBS CEO Leslie Moonves said on CNBC's "Fast Money: Halftime Report."
Even if Aereo paid CBS a fee for retransmission of the network's programming over the Internet, Moonves said on Wednesday that his company would have to evaluate the plans before working with them.
"We would have to look at it as each new technology comes along—be it satellite, be it [telecommunications]—we've always found a way to do business with them," he said, citing companies such as Netflix.
"I think the argument that Aereo made that this was against cloud computing was totally erroneous, and I'm glad the Supreme Court realized that," he said. We're not against things going on the cloud, we're just against not getting paid for it, and people illegally taking our content. This is a terrific victory for anybody who is involved in the content business."
The U.S. Supreme Court ruling held that Aereo violated copyright law by taking broadcast TV shows for free and charging subscribers to stream the programs over the Internet.
—Written by CNBC.com's Evelyn Cheng, reporting by David Faber
Disclosure: CNBC's parent company, NBCUniversal, is among the broadcasting and cable companies opposing Aereo on copyright claims before the Supreme Court.