Barry Diller: Young people will fuel Aereo's growth
RANCHO PALOS VERDE, CA -- Barry Diller is happy that the broadcast networks have sued Aereo. It has helped the startup he funded get some high visibility.
Aereo delivers local, over-the-air TV broadcasts via the Internet to subscribers. Antenna/DVR technology has caused a flurry of lawsuits from TV broadcasters, including ABC, CBS (CNET's parent company), Fox, NBC Universal, and Telemundo. The networks allege that Aereo violates their copyrights and that Aereo must pay them retransmission fees.
The court rulings so far have ruled in Aereo's favor, and the company has filed a complaint against CBS seeking to … Read more