- The Supreme Court decides it will hear the appeal of a group of broadcasters (DIS, CMCSA, DIS, FOXA) against Aereo and its online re-transmission service.
- In an interesting twist, both sides in the legal case urged the Supreme Court to tackle the issue. The broadcasters want to end a long streak of losing local decisions, while Aereo wants to avoid long and expensive legal battles in multiple jurisdictions.
- What to watch: The case could have some bearing on how online TV (Sony, Google, Apple) and cloud computing intersect. A win by Aereo opens the door wider for re-distribution options, while a broadcaster victory tightens the reigns on the current Pay-TV model and could also help in a related case against Dish Network (DISH +1.3%) over its Hopper ad-skipping service.