Aereo
Aereo was a technology company based in New York City[1] that allowed subscribers to view live and time-shifted streams of over-the-air television on Internet-connected devices.[2] The service opened to customers in March 2012,[3] and was backed by Barry Diller's IAC.[4]
For the wrestler, see Aéreo.Company type
Private
February 2012
November 21, 2014
Bankruptcy, assets and intellectual property later acquired by TiVo
Various US cities
Chet Kanojia (Founder and CEO)
Over-the-air television on Internet-connected devices
On June 25, 2014, the Supreme Court ruled against Aereo in a case brought by several broadcast networks. The Court found that Aereo infringed upon the rights of copyright holders. The point of contention was whether Aereo's business model constituted a "public performance", which would legally require it to obtain permission from the copyright owners of any programs it transmits. The court ruled in a 6–3 decision that Aereo's business model was no different from that of a cable television provider, despite the differences in technology.[5][6] As a result of that decision, their case was returned to the lower court, and the company announced on June 28, 2014 that it would immediately suspend its services while consulting with the court on how to proceed. Aereo's services were suspended on June 28, 2014 at 11:30 a.m. EDT[7] and the company filed for Chapter 11 bankruptcy on November 21, 2014 in the United States Bankruptcy Court for the Southern District of New York.[8][9] It was later purchased by DVR company TiVo for $1 million in March 2015.[10][11]