Aereo Loses: Supreme Court Finds For Broadcasters In Streaming Television Case

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Aereo Loses: Supreme Court Finds For Broadcasters In Streaming Television Case

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Aereo Loses: Supreme Court Finds For Broadcasters In Streaming Television Case

by Wochit 1:01 mins

Aereo Loses: Supreme Court Finds For Broadcasters In Streaming Television Case

by Wochit 1:01 mins

Aereo, the startup that threatened to upend traditional television broadcasting by capturing over-the-air TV signals and streaming them on the Internet, has been dealt a crushing defeat by the Supreme Court after justices ruled 6 to 3 that the online television service violated copyrights by streaming broadcast channels to customers. The decision is a victory for broadcasters that have battled Aereo in court for two years. The ability for Aereo to circumvent the retransmission fee system, in which cable operators pay to rebroadcast free-to-air television, had threatened a major revenue source for broadcasters. The ruling could be a death blow to Aereo, as founder Chet Kanojia has said the company had prepared no "Plan B" in case of defeat and Barry Diller, whose IAC backs Aereo, has admitted the company would be "finished."

Wochit

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