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Technology Stocks : Netflix (NFLX) and the Streaming Wars
NFLX 109.97-3.6%3:59 PM EST

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Jurgis Bekepuris
From: Zen Dollar Round4/21/2014 5:29:38 AM
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Echoes of Betamax as Supreme Court hears Aereo TV case

When the U.S. Supreme Court hears a one-hour oral argument in Washington, D.C., on Tuesday, it will not be the first time the court's nine justices will have the final say over the fate of a new TV viewing technology.

Thirty years ago, the big media companies went to the high court to block Sony Corp's Betamax video recorder. This time, their lawyers are lined up against Aereo Inc, a two-year-old service that streams TV channels online.
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