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Technology Stocks : Netflix (NFLX) and the Streaming Wars
NFLX 114.05+3.4%Nov 18 3:59 PM EST

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Ron
From: Zen Dollar Round6/25/2014 11:14:23 AM
1 Recommendation   of 2280
 
Supreme Court kills Aereo — and cord-cutters' dreams

To the dismay of cord-cutters everywhere, the Supreme Court put the kibosh on Internet television service Aereo.

The court ruled that Aereo, which transmits broadcast TV channels over the Internet to its subscribers, was just like a cable television service, which must pay licensing fees to broadcasters. Aereo had argued that it merely rented a tiny, dedicated broadcast antenna to each of its thousands of customers, and shouldn’t have to pay licensing fees.

(more at link)

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