Aereo investor Barry Diller is weighing in on the Supreme Court’s Aereo ruling, saying the decision in favor of the broadcasters is “a big loss.”
“I do think it’s a big loss for consumers wanting an alternative to the bundle,” he told CNBC’s Becky Quick. “We did try, but now it’s over.”
Diller has previously said that Aereo has no path forward in the event of a Supreme Court loss.
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The Supreme Court ruled 6-3 in favor of the broadcasters in Wednesday’s decision. Broadcast stocks were up sharply on the news.