Netflix (NFLX) and the Streaming Wars Message Board

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Technology Stocks : Netflix (NFLX) and the Streaming Wars

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From: Zen Dollar Round	6/18/2014 2:36:42 PM
	of 2280

Aereo ruling could shake up tech stocks The Supreme Court could decide as early as Thursday whether the online television service Aereo lives or dies, but a much larger band of tech companies is also wary of the highly anticipated ruling. Big broadcasters including CBS (CBS), Twenty-First Century Fox (FOXA) and Comcast’s (CMCSA) NBCUniversal sued Aereo, charging that the upstart’s offering of free over-the-air television broadcasts via Internet subscriptions violates copyright law. But tech companies such as Google (GOOGL), Amazon (AMZN) and Apple (AAPL) fear a ruling against Aereo could also outlaw all kinds of popular Internet services consumers use, and deter sales of tablets, phones and future gadgets. The Computer & Communications Industry Association, which represents Internet companies, and the Consumer Electronics Association, which represents hardware makers, both filed briefs asking the court to side with Aereo. Yahoo (YHOO) is a member of the CCIA. finance.yahoo.com

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