Today, the Supreme Court struck down the business practices of Aereo, a streaming service that allows its subscribers to watch regular broadcast television on their mobile devices. Aereo has been around for about a year, starting in New York and expanding to ten other major cities in the United States. When asked in an interview with Bloomberg News back in March if Aereo has a Plan B, CEO Chet Kanojia said, No. Theres no plan. He went on to say, We believe in our merit and we do think it’s the right thing. Now that the highest court in the land has ruled against Aereo, Kanojia is backtracking (understandably) on his prior statement.
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