Aereo to Courts: Fine, We're a Cable Company

Aereo lost its case before the U.S. Supreme Court because a majority of the justices said its resemblance to a cable company meant it had violated copyright laws

Now, Aereo agrees.

In a blog post published Wednesday night, the streaming television startup announced its next strategic step in an attempt to save its business, and avoid squandering nearly $100 million in investment. Aereo is now arguing that it should be considered a cable company, and granted a license that would allow it to pay licensing fees, and gain access to the broadcast content it had previously been pulling down from the airwaves. Read more...

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