picking at the bones

Aereo Settles $99 Million Copyright Claims With CBS, FOX, ABC For $950K

Aereo Settles $99 Million Copyright Claims With CBS, FOX, ABC For $950K

Even though poor little Aereo — the once-promising live TV streaming service — was gutted by a 2014 U.S. Supreme Court ruling has already been picked apart in bankruptcy auctions, it still had to face the copyright infringement claims from the broadcasters who alleged Aereo was stealing their signals. What remains of Aereo has now agreed to pay about a penny on the dollar to resolve the nearly $100 million in claims. [More]