Since Aereo launched in 2012, it's goal has been to disrupt the U.S. cable industry. The TV service allows users to
watch and record live broadcast TV online
for a low cost. Because each customer has its own antenna remotely located, the company has argued that the service is legal. And, for a long time, U.S. federal courts agreed, despite broadcasters continuing to fight the service for copyright infringement. But, this week, it was Aereo's turn to be disrupted. Not by technology, but a federal judge.
Aereo Chief Executive Chet Kanojia said
he was "extremely disappointed that the District Court in Utah has chosen to take a different path than every other Court that has reviewed the Aereo technology."
Fox, on the other hand, called the ruling
"a significant win for both broadcasters and content owners."
Until then, the latest ruling is just a blow to the company's confidence -- after recently raising $34 million
to help with a nationwide expansion of its services -- and revenue.
This post was originally published on Smartplanet.com