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Technology Stocks : Aereo -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (13)	6/28/2014 7:52:46 PM
From: Sr K	Respond to of 22

nytimes.com Home page Stung by Supreme Court, Aereo Suspends Service By EMILY STEEL JUNE 28, 2014 Aereo, the start-up firm that threatened to upend the television industry, has hit the pause button. Three days after the Supreme Court ruled that Aereo had violated copyright laws by capturing broadcast signals on miniature antennas and transmitting them to subscribers for a fee, the company suspended its service. “We have decided to pause our operations temporarily as we consult with the court and map out our next steps,” Chet Kanojia, Aereo’s chief executive, said in a letter to customers sent on Saturday morning under the heading “Standing Together for Innovation, Progress and Technology.” Aereo said that the service would not be available after 11:30 a.m. on Saturday and that it would give users a refund for their last paid month. The company had fewer than 500,000 subscribers in about a dozen metropolitan areas.