"Aero" was a start up company with investors like Barry Diller, who tried to offer network programming on the web. The networks sued, and it went all the way to the Supreme Court. Today the Supreme Court ruled in favor of the networks. From CNBC.com...
The U.S. Supreme Court ruled Wednesday that online TV service Aereo, backed by media mogul Barry Diller, violates copyright law by using tiny antennas to provide subscribers with broadcast network content via the Internet. On a 6-3 vote, the court handed a victory to the four major TV broadcasters and cast Aereo's immediate future into doubt.
