
Win One for the Diller: Appeals Court Rules In Favor of IAC-Backed Aereo Over TV Networks
Aereo, the New York City-based service that lets cordcutters live-stream network TV online, has been making broadcasters feel litigious ever since IAC led a $20.5 million Series A in the startup last February. The group of 17 broadcasters suing Aereo argue that the individual antennas Aereo assigns each user are an illegal loophole to avoid paying networks costly retransmission rights–and that Aereo is guilty of copyright violation of their content.
This January, Aereo raised $38 million more, which should help cover its considerable legal fees. But the TV incumbents haven’t found much support in the courts. Read More








