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CBS CEO: Aereo ruling a 'terrific victory'

CBS CEO: Terrific victory for content business

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."

Read MoreSupreme Court: Aereo violated copyright law

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.

Les Moonves, president and chief executive officer of CBS Corp.
Adam Jeffery | CNBC

"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.

Read MoreAereo ruling won't mean Big Bang for CBS

"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."

CBS CEO on consolidation: Our job to provide top content

With network deals such as AT&T's proposed merger with DirecTV on the horizon, Moonves was not worried about continued distribution. "Our job is to provide the top content," he said.

Read MoreWhat Aereo ruling means for TV watchers

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.