Ron Burgundy Posted November 21, 2014 Share Posted November 21, 2014 By Tanya Agrawal and Jonathan Stempel NEW YORK (Reuters) - Aereo Inc, the online video streaming company backed by media mogul Barry Diller, has filed for bankruptcy protection. The Chapter 11 filing on Thursday night came five months after the U.S. Supreme Court said Aereo violated broadcasters' copyrights by capturing live and recorded programs on miniature antennas and transmitting them to subscribers who paid $8 to $12 a month. That decision effectively forbade New York-based Aereo's business model, an attempt to offer a less-expensive alternative to cable television. ... View the full article Quote Link to comment Share on other sites More sharing options...
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