Still Reeling From Supreme Court Ruling, Aereo Files For Bankruptcy
The streaming company's founder said fallout from the court's decision in favor of TV networks proved "too difficult to overcome."
Aereo
Startup CEO Wields Small Antenna In TV Streaming Battle
Television networks are up in arms. The new company Aereo is charging a monthly fee to provide a high-definition feed of the basic over-the-air channels, and the stations aren't seeing a penny of it. But CEO Chet Kanojia thinks he's figured out a legal loophole.