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Barry Diller: If Aereo Doesn’t Win in Court, It’s ‘Finished’



Win or go home.

That’s the situation Aereo faces in an upcoming court case according to Barry Diller, the media mogul whose company IAC backs the streaming television startup.

“If we lose, we’re finished,” Diller said in an interview with Bloomberg TV.

The bluntness of Diller’s stance highlights the stakes at play. A victory for Aereo would be the ultimate validation of the legality of the company’s model as well as a major precedent for future cases involving rebroadcasting and cloud storage.

If Aereo loses, the company has little chance to survive even if it attempts to go the traditional route of paying broadcasters, Diller said. Read more…

More about Business, Media, Tv, Aereo, and Streaming Television

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