GMS Business Consulting 312 Comments

U.S. Supreme Court Rules…Aereo is Finished

Photographer: Bebeto Matthews/AP Photo Chet Kanojia, founder and CEO of Aereo, Inc., shows a tablet displaying his company’s technology, in this Dec. 20, 2012 file photo in New York.

 

June 25 (Bloomberg) -- Bloomberg’s Paul Sweeney examines the business implications of the U.S. Supreme Court ruling against Aereo and how it impacts copyrights and content providers. He speaks on “Market Makers.”

June 25 (Bloomberg) — Bloomberg’s Paul Sweeney examines the business implications of the U.S. Supreme Court ruling against Aereo and how it impacts copyrights and content providers. He speaks on “Market Makers.”

 

 

 

 

According to Bloomberg,  a unanimous 6-3 decision has been reached by the U.S. Supreme Court ruling that Aereo Inc. is violating broadcasters’ copyrights.  This will most certainly end the pursuit of this company and its’ ambition to transform the television industry.  While this is a blow to the Dillard backed company, this is a victory for the following broadcasters and organizations: Walt Disney Co. (DIS)’s ABC, 21st Century Fox Inc., Comcast Corp. (CMCSA)’s NBC Universal and CBS Corp. (CBS) , National Football League and Major League Baseball. Read more

GMS Business Consulting 385 Comments

Is Aereo Legal? What the Supreme Court Is Deciding: Video – Bloomberg

Supported devicesHello Everyone!  Are you tired of paying outrageous oligopoly fees to the cable companies to view your favorite TV programs?  Well, there’s a new solution in about a dozen major cities across the U.S., and it’s making its way to your neck of the woods.  That is…if the U.S. Supreme Court doesn’t stop them in a major lawsuit by industry leading broadcasters.  The business is called Aereo.   As we post this, the U.S. Supreme Court is currently hearing the case, and is due to announce its decision in late June or early July before their summer break. Read more