Because it's not about "the cloud" in general. It's about specifically the rebroadcast of television radio signals, concerning which there's a substantial body of law created to govern the activities of cable TV providers.
In other words, the SC just defined Aereo as a cable company, when they wanted to be a cloud services company.
In other words, the SC just defined Aereo as a cable company, when they wanted to be a cloud services company.