Aereo Shutting Down Boston Office
An anonymous reader writes with news that Aereo is shutting down its Boston office and laying off some NYC staff. "Aereo's bad year just got worse. The company said on Thursday that it will shut down its Boston office and lay off 43 employees, citing yet another adverse court ruling and its trouble obtaining additional investment. According to Virginia Lam, a VP at Aereo, the company is not shutting down entirely: 'In an effort to reduce costs, we made the difficult decision to lay off some of our staff in Boston and New York. We are continuing to conserve resources while we chart our path forward. We are grateful to our employees for their loyalty, hard work and dedication. This was a difficult, but necessary step in order to preserve the company. We decline to comment further,' Lam wrote in an email."
Aereo was an attempt to make local TV be receivable on cell phones and computers, but the copyright license wasn't negotiated properly. Why can't the iPhone have a ATSC chip inside it?
Crap, I loved the old Aereo chairs.
... I'm pretty sure "We are continuing to conserve resources while we chart our path forward" is code for "We executives are hiding money for ourselves until the inevitable shutdown." Unfair as the ruling is, I'm pretty sure they're hosed.
Dear Slashdot: next time you want to mess with the site, add a rich-text editor for comments.
Aereo has offered to pay the FTA networks the same amount of money as they get paid by Comcast, Verizon, Time Warner, Dish Network, DirecTV and all the others and broadcast the same content (ads included) to the same geographic area. Why aren't the FTA networks interested?
Aero's argument is logical -- we're just renting you an antenna and remote DVR system, which are legal devices in your home.
The problem is this amounts to a cable TV system, at least the rebroadcasting part. Congress specifically covered this case in law by preventing cable companies from doing the exact same thing -- just acting as a fancy antenna to transmit local TV through their cable to your TV, which you could receive over the air anyway.
But Congress decided to allow broadcast to get paid by cable for this. End of story. You can't do the logical thing.
(-1: Post disagrees with my already-settled worldview) is not a valid mod option.
This is the way of things. I am sure the execs will not be hurting. The employees? Go find another job, you,
I am very small, utmostly microscopic.
Because the OTA network want to bundle their cable channels in the packages. There's no standalone rate for just the broadcast channels, you have to carry all the channels such as NBC wanting to also package in CNBC, MSNBC, NBCSN, etc.