Tag - Aereo
It can be argued that we're always on the cutting edge of technology -- every day there are new advances, and new techniques developed to do legacy tasks some other way. Likewise, hardly a day goes by without a new lawsuit from an entrenched company, claiming that this new way somehow infringes upon, or unfairly penalizes, an old-guard way of doing business. Lately, this has expanded to law enforcement trying to use the courts as an ad hoc tool to do end-runs around thorny Constitutional questions. Through bad rulings and bad legislative proposals, the inability of our judicial and legislative leaders to keep in step is increasingly making the existing problems even worse.
Customers affected by the shutdown and bankruptcy of streaming live TV service Aereo are being offered assistance by Tivo, in the form of a small discount until the end of the month. The set-top box company is providing the TiVo Roamio OTA for use with HD antennas as well as the TiVo Stream for no upfront cost, with a monthly subscription of $20 for two years.
Troubled and failed TV rebroadcasting startup Aereo has finally ended its lawsuit with broadcasters, by agreeing to pay less than one percent of what has been requested. The settlement has the online service paying the broadcasters $950,000 instead of more than $99 million in copyright licensing claims, ending all litigation between the parties involved.
The last chapter of Aereo has nearly been written, with the conclusion of its bankruptcy sale. Falling far short of a peak $34 million expected, the company's asset auction concluded at $2 million. TiVO was the main winner, capturing the trademark, the customer list, and other assets. Patent aggregator RPX purchased the company's patents, with equipment being scattered amongst many bidders.
Aereo has filed for Chapter 11 bankruptcy protection, following the high-profile shutdown of the service via a ruling from a New York court. The cloud-based TV rebroadcasting and DVR service made the filing just under two weeks after it was forced to lay off a large number of employees at its Boston New York offices, with little chance of resurrection.
A ruling from the US District Court in October is causing more hurt than first realized, as Aereo ist now turning to layoffs as a way hold resources for the future. Between offices in New York and Boston, the company is letting go of a large number of employees. More devastating is the coming closure of the Boston office, which Aereo expects to shut down on November 12.
Aereo was dealt another blow in its battle to survive today thanks to a New York court. US District Judge Alison Nathan ruled in favor of broadcasters in a 17-page decision, putting a nationwide preliminary injunction in place against the startup. As a result, Aereo can no longer operate its "Watch Now" system that allowed television programs to be rebroadcasted over the Internet.
Aereo, the broadcasting startup that allowed users to rebroadcast and time-shift over-the-air (OTA) programming, appears to be running out of ways to stay alive. According to documents acquired by the Washington Post, the United States Court of Appeals for the Second Circuit has denied the company's recent request to reconsider the case.
Aereo is "figuratively bleeding to death," according to a court filing made last night by the Supreme Court-impacted Internet video service. The filing cites "staggering costs" that it is still paying to stay alive as a business entity while the court and the US Copyright Office debate if it should be treated like a cable company, as the Supreme Court alluded in its ruling against Aereo.
Nascent television streamer Aereo appears to be in rough shape, above and beyond just the Supreme Court ruling, and US Copyright Office declarations. The company's subscriber numbers are dismal, with a total of 77,596 subscribers at the end of 2013, making it unclear what traction the service may have if it continues operation, or has to raise its rates in the wake of defeats it has been dealt recently.