TV streaming service Aereo files for bankruptcy

Posted online November 21, 2014 | 6:52 am

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.

In a Chapter 11 filing, the company said it would sell assets or reorganize.

According to Reuters, the court said Aereo had infringed copyrights of broadcasters by capturing live and recorded programs through antennas and transmitting them to subscribers for $8-$12 a month.

Read more from Reuters.

[[In-content Ad]]

Comments

No comments on this story |

Please log in to add your comment

Least of These executive director exits

Editors' Pick

Open for Business: EarthWise Pet

The first southwest Missouri location of EarthWise Pet, a national chain of pet supply stores, opened; Grey Oak Investments LLC relocated; and Hot Bowl by Everyday Thai LLC got its start.

Most Read