New York TV Stations Are Suing Startup Backed by IAC
A number of New York television stations are up in arms about Aereo, a startup that in a nutshell, lets consumers access network television on web-enabled devices and internet TV platforms. Does that mean you can catch the game on your phone? Game changer indeed. One that Barry Diller of IAC, which led the startup’s most recent round of funding, saw value in.
The problem: Subscribers to Aereo would have access to all major networks including CBS, NBC, FOX, ABC, CW, and PBS and other local channels and these networks weren’t too happy with this technological solution.
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