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TV Streaming Service Aereo Files for Bankruptcy

Television streaming service Aereo Inc filed for bankruptcy protection after a U.S. Supreme Court ruled in June that the company’s business model violated copyright laws. Aereo, in which Barry Diller’s IAC/InterActiveCorp has a 23.30 percent stake, said in a Chapter 11 filing late on Thursday said it would sell its assets or reorganize. 31 more words

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A TV network should buy Aereo. Here's why.

This post is in partnership with Time. The article below was originally published at Time.com

By Alex Fitzpatrick, TIME

Aereo, an ambitious startup that aimed to stream live broadcast television to subscribers for a small monthly fee, … 496 more words

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A TV Network Should Buy Aereo. Here's Why.

Aereo, an ambitious startup that aimed to stream live broadcast television to subscribers for a small monthly fee, filed for bankruptcy Friday, months after a… 486 more words

Aereo CEO: Court Made Incredibly Wrong Decision, Cord-Cutting Is Inevitable

This morning, Aereo filed for bankruptcy under Chapter 11, marking the end of the road for the cloud-based TV startup. The company launched in 2012 using micro-antennas and cloud DVR technology to provide near-live TV access to 30 channels to subscribers for as low as $8/month. 961 more words

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Aereo admits defeat, files for bankruptcy

Aereo seems to have finally accepted its demise.

The company announced today that it has filed for bankruptcy to “maximize the value of its business and assets without the extensive cost and distraction of defending drawn out litigation in several courts.” The absurd tale¬† 374 more words

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