Aereo Inc., the Barry Diller-backed digital startup, said it will temporarily shut down its streaming-video service after the U.S. Supreme Court ruled this week that it violates broadcasters’ copyrights.
“We have decided to pause our operations temporarily as we consult with the court and map out our next steps,” Chief Executive Officer Chet Kanojia said today in a blog post.
The hiatus, effective at 11:30 a.m. New York time today, marks the end, for now, of the $8-a-month solution for cord cutters who used the service to watch live and recorded TV from broadcasters like CBS and ABC.
Kanojia had said Aereo’s work was “not done” after the ruling. He hasn’t specified how the company would move forward.
“The spectrum that the broadcasters use to transmit over the air programming belongs to the American public,” he said today. “You should have a right to access that live programming whether your antenna sits on the roof of your home, on top of your television or in the cloud.”
Alternatives to cable subscriptions such as TiVo Inc., SiliconDust USA Inc. and Roku Inc. are available, but require users to purchase pieces of hardware cost hundreds of dollars. Other video-streaming services, including those from Netflix Inc. and Hulu LLC, don’t offer the live-programming options that Aereo did.
To contact the reporter on this story: Caitlin McCabe in New York at cmccabe11@bloomberg.net
To contact the editors responsible for this story: Sarah Rabil at srabil@bloomberg.net Bernard Kohn, Don Frederick
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