Broadcasters Lose to Aereo in Appeals Court

Diller-backed service can keep streaming local TV signals

It's not looking good for broadcasters locked in a lawsuit with Aereo, a pay TV service that "rents" tiny TV antennas to customers in order to stream local TV signals to them over the Internet.

Handing a big victory to Aereo, the Second Circuit Court of Appeals ruled Monday that the lower court made the right decision last July when it refused to grant broadcasters an injunction that would have shut down the Barry Diller-backed service.

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