August 22, 2014 12:28 PM ET

Media

Company Overview of Aereo, Inc.

Company Overview

Aereo, Inc. provides access to broadcast television and other content for members and temporary free users. The company offers a remote antenna, tuner, and remote digital video recorder to access and manage over the air broadcast television signals via the Internet on personal devices, including smartphones, tablets, personal computers, netbooks, and other devices. It serves residents in New York; Boston, Massachusetts; Atlanta, Georgia; Columbus and Cincinnati, Ohio; Indianapolis, Indiana; and San Antonio, Texas. The company was formerly known as Bamboom Labs, Inc. and changed its name to Aereo, Inc. in October 2011. The company was founded in 2010 and is based in Long Island City, New York...

37-18 Northern Boulevard

Long Island City, NY 11101

United States

Founded in 2010

Phone:

781-863-9991

Key Executives for Aereo, Inc.

Founder and Chief Executive Officer
Director of Operations
Senior Principal Engineer
Principal Software Engineer
Principal Engineer
Compensation as of Fiscal Year 2014.

Aereo, Inc. Key Developments

US Supreme Court Announces Aereo Violating Broadcaster Copyrights

The U.S. Supreme Court has overturned a ruling by a lower court on June 25 and has found that Aereo, Inc. violates broadcasters' copyrights. The petition was filed by a consortium of broadcasters in October 2013. The Supreme court's ruling has reversed the favorable rulings from lower courts, with the Justices ruling 6-3 on the case. The ruling is expected to hit Aereo hard, even reportedly leading to the shut down of the startup. Backed by media mogul Barry Diller, Aereo launched its service in New York city in early 2012, with its service debuting on iPhones and other Apple devices, and later expanded to laptops and desktop computers running Apple operating system. In late 2013, it expanded its service to Android 4.2 or higher OS, the most widely used platform in the world. Subscribers to the service are assigned with a mini-antenna, which allows users to view or record free over-the-air TV station content on Internet-connected devices such as smart phones, tablets or computers. Aereo's streaming service is offered to subscribers for as little as $8 per month, which is significantly cheaper compared to other TV service plans. However, the service is only available in about 11 cities including New York, Boston, Atlanta, Salt Lake City, Miami, Houston and Dallas. Aereo has been facing a number of lawsuits from TV broadcasters who are seeking a ban on the service. It had been until now on the winning side for the most part, and the lower courts had so far allowed Aereo to continue its service. The online video startup Aereo has been up in arms against big time broadcasters such as Walt Disney Co.'s (DIS) ABC, Comcast Corp.'s (CMCSA) NBCUniversal, CBS Corp. (CBS) and 21st Century Fox, Inc. as well as PBS, WNET and Univision. It has been streaming programming online to subscribers for a fee without paying license fees to the broadcasters. They have been charging the controversial TV service provider of breaking copyright laws by streaming their programming publicly without authorization and payment, in violation of exclusive rights. However, Aereo has claimed that it need not pay fees like the cable companies because the broadcast signals are free-to-air. Aereo said it was enabling only private screenings, just like off-the-shelf TV antennas.

Aereo, Inc. Presents at The Boston Private Bank 2014 Private Partnership CFO Conference, Jun-11-2014

Aereo, Inc. Presents at The Boston Private Bank 2014 Private Partnership CFO Conference, Jun-11-2014 . Venue: The Wequassett Resort & Golf Club, Cape Cod, Massachusetts, United States. Speakers: Chaitanya Kanojia, Founder and Chief Executive Officer.

Sinclair Broadcast Group, Inc. Announces its Win Preliminary Injunction against Aereo, Inc

Sinclair Broadcast Group, Inc. announced that it has won a preliminary injunction against Aereo, Inc. in the U.S. District Court for the District of Utah Central Division. Sinclair's television stations, KUTV and KMYU, as well as KSTU, Nexstar Broadcasting and FOX Broadcasting Company ('Broadcasters') filed the injunction to prevent Aereo from infringing on copyrighted material which Aereo was making available to its customers without permission. In brief, the court concluded that the broadcasters are likely to succeed on the merits of their copyright infringement claims and will be irreparably harmed if a preliminary injunction was not issued. Significantly, the court in a lengthy and well-reasoned decision, not only concluded that the broadcasters are likely to succeed, but in fact went further in explicitly finding that 'based on the plain language of the 1976 Copyright Act and the clear intent of Congress.Aereo is engaging in copyright infringement. The injunction issued by the court prohibits Aereo from engaging in its business not only in the Salt Lake City DMA, but also throughout the entirety of the Tenth Circuit. The Utah court styed any further action on the matter pending the decision of the United States Supreme Court in the ABC v. Aereo case.

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