In a Bloomberg interview on Tuesday, Aereo CEO Chet Kanojia said that he has no backup plan if the Supreme Court rules in favor of broadcasters who seek to put an end to his Internet TV startup.

After being asked about whether he has a "Plan B," Kanojia said, “No. There is no plan. We believe in our merit and we do think it’s the right thing. Progress is important.

"The mission of this company was to try to create an open platform, to try to wedge the system open a little bit. And if we don’t succeed in that despite our best efforts, good law on our side, and the merits of our case, it will be a tragedy but it is what it is.”

Unlike Kanojia, some broadcasters have spoken of their own contingency plans, should their side not prevail in the case, which is scheduled to be heard by the Supreme Court on April 22.

CBS has threatened to cut off their broadcast signal altogether and move their content online so that Aereo won’t be able to pick it up. As reported by Reuters, CBS Corp. CEO Leslie Moonves said at an investor’s conference on Tuesday, "If Aereo should work, if they should win, which we don't think will happen, we can go OTT with CBS." OTT is short for “over the top,” which means they would offer their content over the Web rather than over the broadcast airwaves.

Aereo’s system uses dime-sized antennas bundled together on a rooftop in Brooklyn to enable people to watch live over-the-air broadcasts via their computers or smart phones for a fee. Broadcasters see this as a violation of their exclusive rights under copyright law.