Chet Kanojia


Aereo files for bankruptcy

Controversial US TV streaming service Aereo has filed for Chapter 11 bankruptcy, citing the regulatory and legal challenges to the company that “have proven too difficult to overcome.” In a blog post announcing the move, Aereo said that it has appointed Lawton Bloom of Argus to serve as Aereo’s chief restructuring officer and claimed that […]

CBS ‘would sell content’ to Aereo

CBS’s CEO Les Mooves has said he would sell content to streaming service Aereo, which was soundly defeated by America’s broadcasters in court earlier last month. Moonves, who is one of Aereo’s largest critics, said CBS Corp. was “willing to talk” to the company about a licensing agreement, adding: “The door was open and is […]

Broadcasters celebrate as Aereo ruled illegal

US broadcasters have come together in celebration after the Supreme Court ruled OTT streaming service Aereo illegal. The Supreme Court ruled by a majority of six to three that Aereo’s strategy of charging customers a monthly fee for retransmitted streams of US broadcast channels violated copyright and should stop. The judgement has been on the […]

Aereo raises US$34 million in funding

US online TV service Aereo has raised US$34 million (€25 million) in new funding as it sets its sights on “rapid nationwide expansion”. The firm said it would also use the Series C round to invest in hiring and technology, predicting a “blockbuster year” in 2014 after experiencing “tremendous growth” in 2013. “Aereo has scaled […]