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Posted by: Maricopa Lawyers on Jun 25, 2014

Online TV service Aereo has recently lost its copyright battle with the major TV broadcasters (Walt Disney Co, ABC, Comcast, NBC, CBS, and 21st Century Fox). The company, funded by Barry Diller, provides its users with a mini-antenna as well as a cloud-based DVR which sores recorded shows. Users of Aereo can essentially watch a delayed version of live TV by “recording” and instantly watching their favorite shows.

On one end of the spectrum the technology world is up in arms, claiming that the lawsuit is basically an attack on progress in Internet-based television, while network executives say that this is simply another attack on television pirating.

In a recent interview with CNBC, Aereo founder and CEO Chet Kanojia stated:

“We’ve said all along that we worked diligently to create a technology that complies with the law, but today’s decision clearly states that how the technology works does not matter. This sends a chilling message to the technology industry. We are disappointed in the outcome, but our work is not done. We will continue to fight for our consumers and fight to create innovative technologies that have a meaningful and positive impact on our world.”

On the other side of the argument is NAB President and CEO Gordon Smith who stated:

“Aereo characterized our lawsuit as an attack on innovation; that claim is demonstrably false… Today’s decision sends an unmistakable message that businesses built on the theft of copyrighted material will not be tolerated.” 

The future of Aereo does not look good. This lawsuit could also pave the way for even bigger lawsuits against even bigger corporations in the future. What do you think? Let us know in the comments below!

Source: CNBC