Aereo enters Chapter 11

By on Nov, 21 2014 with Comments 0

AereoMini-antenna streaming service Aereo has failed to make the numbers work and has filed for bankruptcy protection. CEO Chet Kanojia said that the company touched a nerve; it also touched off a firestorm of court action.

The NAB was a fierce opponent due to Aereo’s insistence that it could repackage local broadcast stations for consumers without paying for retransmission consent.

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