Broadcast Stocks Trade Higher In Wake Of Aereo Ruling

See the original posting on TechCrunch

Screen Shot 2014-06-25 at 8.48.29 AM This morning the United States Supreme Court ruled against Aereo, a startup that employed myriad, tiny antennas to bring broadcast television to consumers digitally, saying that it operates in violation of the¬†Copyright Act. The startup, which previously stated that it had no ‘Plan B’ in the case of loss, is troubled. Broadcast stocks, however, are anything but. CBS is up more than… Read More