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 […]

Funding round scores broadcaster threat Aereo $34m

Over-the-air US retransmission service Aereo has secured US$34 million in its latest funding round to support “rapid nationwide expansion and increased investments”. The news comes ahead of a key legal ruling in its battle against the US broadcasters over the legality of the service. After the Series C funding round, Aereo now counts respected media […]