TV streaming service Aereo filed for bankruptcy protection after a U.S. Supreme Court ruled that the company's model violated copyright laws.» Read More
NEW YORK, Nov 21- Aereo Inc, the online video streaming company backed by media mogul Barry Diller, has filed for bankruptcy protection. In a filing with the U.S. Bankruptcy Court in New York, Chief Financial Officer Ramon Rivera said getting protection from creditors should provide "necessary breathing room" for Aereo to sell its assets, recapitalize or...
NEW YORK, Nov 21- Aereo Inc, the video streaming company backed by media mogul Barry Diller, has filed for bankruptcy protection. Aereo Chief Executive Officer Chet Kanojia said the decision created "regulatory and legal uncertainty" that proved insurmountable for the New York- based company, which is privately held. Lawton Bloom, a principal at Argus Management...
Nov 21- Television streaming service Aereo Inc filed for bankruptcy protection after a U.S. Supreme Court ruled in June that the company's business model violated copyright laws. The ruling was a victory for broadcasters such as CBS Corp, Comcast Corp's NBC, Walt Disney Co's ABC and Twenty-First Century Fox Inc's Fox network. The filing is In re: Aereo Inc, U.S....
Nov 21- Television streaming service Aereo Inc filed for bankruptcy protection after a U.S. Supreme Court ruling in June found that the company's business model violated copyright laws. Aereo, in which Barry Diller's IAC/InterActiveCorp has a 23.30 percent stake, filed for Chapter 11 protection to preserve the value of its estate, according to a court filing...
Oct 29- Money can't buy you love, but Barry Diller's IAC/InterActiveCorp knows the search for it can be rather lucrative. Higher revenue from dating websites such as Match.com and OurTime.com helped the company triple its profit and beat Street estimates in the third quarter. Barclays analyst Chris Merwin said the revenue decline in the business in the third...
Oct 29- Barry Diller's IAC/InterActiveCorp reported better-than-expected quarterly revenue and profit, helped by higher revenue from its dating websites and mobile apps, and its Vimeo video service. Shares of the company, which owns dating websites such as Match.com and OurTime.com and popular mobile app Tinder, rose about 4 percent in premarket trading.
Oct 29- Barry Diller's IAC/InterActiveCorp reported a modest 3 percent rise in quarterly revenue as the benefit of higher revenue from its dating websites and Vimeo video service was offset by lower Web search advertising revenue. The company's net income rose to $326.8 million, or $3.68 per share, in the third quarter ended Sept. 30 from $96.9 million, or $1.13...
NEW YORK, Aug 1- Aereo Inc, the video streaming company that suspended service after the U.S. Supreme Court found it violated copyrights of television broadcasters, urged a federal judge to let it operate like a cable system, saying it likely would not otherwise survive.
NEW YORK, Aug 1- Aereo Inc, the video streaming company that suspended service after the U.S. Supreme Court found it violated copyrights of television broadcasters, has urged a federal judge to let it operate like a cable system, saying it likely would not otherwise survive.
WASHINGTON, June 28- Aereo, the video streaming service that has sought to provide an alternative to traditional TV broadcasters, said on Saturday it was suspending services after being dealt a blow by the U.S. Supreme Court this week.
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US Supreme Court justices appeared unsure on Tuesday whether to rule against online TV startup Aereo in a major copyright case.
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