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Consortium would offer options to expand in American market to successor business to bankrupt Alitalia
...The company said Aereo accounted for most of the writedown....
...Aereo — Shannon Bond, New York Aereo was the little disrupter that could not disrupt....
...Aereo was conceived as a new method of capturing television signals so they could be viewed on digital devices....
...In June, the Supreme Court ruled the service was illegal but Aereo has since said it could relaunch as an OTT provider....
...What exactly is Aereo?...
...The parties most desperate for a victory in last week’s Supreme Court decision about television renegade Aereo were local US broadcasters....
...Mr Kanojia said Aereo would continue to fight to develop innovative technologies, but Mr Diller told reporters: “It’s over.” Aereo’s failure would not be a big financial hit for IAC, he added....
...Aereo now has less than 500,000 subscribers....
...Mr Moonves was also upbeat over the Supreme Court’s June ruling that online TV service Aereo violated US copyright law....
...A win for Aereo would have allowed cable distributors to follow its model of using tiny antennas to capture over-the-air television and redistribute it for free....
...The purchase marks a return to dealmaking for Mr Diller’s IAC group, which suffered a blow recently when the US Supreme Court ruled that its Aereo digital video service was illegal after a bruising battle...
...Aereo contends that it has invented a new and more convenient approach for Americans to watch free-to-air television. Said Mr Wieser: “We’re going to see Groundhog Day a few more times.”...
...A Supreme Court battle now looms in the US over the legality of television services such as FilmOn and Aereo....
...But cable companies could come up with their own Aereo copycat. They have already used Aereo to push back on retrans payments....
...That gave the 10-year-old company a market value of $3.9 billion, nearly equal to that of Domino’s Pizza Inc.”...
...Aereo is backed by IAC, the internet company run by Barry Diller, who helped create the Fox broadcast network....
...Two New York courts have sided with Aereo, but further legal battles lie ahead – possibly all the way to the Supreme Court. A courtroom loss would sink Aereo....
...News Corp could turn Fox into a paid-for cable service to defend its rights against Aereo, an online TV start-up. Major broadcasters including Fox have already challenged Aereo in the courts....
...The Portuguese government last December shelved the privatisation of Transportes Aéreos Portugueses, the country’s flag carrier and one of Europe’s leading airlines flying to Brazil, after only attracting...
...Aereo, the disruptive Barry Diller-backed start-up that delivers broadcast television over the internet, is a threat to satellite television, Mr Ergen said, providing further impetus for a Sprint bid....
...Yet industry executives argue that cable can coexist with “over the top” alternatives such as Netflix, LoveFilm, Apple’s iTunes, Amazon Prime or Aereo....
...Glenn Britt, chief executive of Time Warner Cable, told analysts recently it was studying Aereo....
...For example, IAG is interested in buying Transportes Aereos Portugeses, the Portuguese flag-carrier that is due to be privatised, because it has a strong long-haul network to Brazil....
...financing The inaugural deal at Milestone Aviation, the first finance company to concentrate on the helicopter and private jet markets, will provide 100 per cent lease financing for Brazil’s Omni Taxi Aéreo...
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