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IAC's Aereo Files Countersuit Against Broadcasters

By William Launder Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- The Internet TV start-up Aereo Inc., backed by Barry Diller's IAC/InterActive Corp. (IACI), Monday filed a countersuit against a group of broadcasters that allege the online service is illegal and are trying to shut it down. "We firmly believe that Aereo's technology is lawful. We are confident in the legal process, and we look forward to a prompt resolution of these meritless lawsuits," Aereo said in a statement two days before it is expected to launch in New York City. Broadcasters including CBS Corp. (CBS), Comcast Corp.'s (CMCSA, CMCSK) NBC Universal, News Corp.'s (NWS, NWSA) Fox and Walt Disney Co.'s (DIS) ABC filed two lawsuits against Aereo earlier this month, asking a New York federal court for an injunction to bar its web-based television broadcasting service. News Corp. owns Dow Jones & Co., publisher of this newswire, and The Wall Street Journal. The Aereo service, announced in February, allows viewers to stream broadcast TV signals to personal computers and mobile devices using a network of tiny antennas. Aereo says its services are legal, based on consumers' right to access broadcast television, make copies for personal use and to do so using remotely accessed equipment. -By William Launder, Dow Jones Newswires; 212-416-3412; william.launder@dowjones.com

Stock News for Iac/interactivecorp (IACI)
DateTimeHeadline
02/05/201409:38:47U.S. Hot Stocks: Hot Stocks to Watch
12/19/201309:59:14U.S. Hot Stocks Futures: Hot Stocks to Watch
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11/15/201309:01:27HBK Investments LP 3Q 13F: Largest Purchases
11/15/201309:01:27HBK Investments LP 3Q 13F: Largest Sales
11/15/201309:01:27HBK Investments LP 3Q 13F: Largest Eliminations -2-
11/15/201308:55:37Highbridge Capital Management 3Q 13F: Largest Eliminations
11/15/201308:55:35Highbridge Capital Management 3Q 13F: Largest Purchases
11/15/201308:55:35Highbridge Capital Management 3Q 13F: Largest Sales
11/15/201308:55:35Highbridge Capital Management 3Q 13F: Largest -2-
11/15/201307:56:04Greenlight Capital 3Q 13F: Holdings As Of Sep 30
11/15/201307:11:08AQR Capital Management 3Q 13F: Holdings As Of Sep 30
11/15/201307:11:08AQR Capital Management 3Q 13F: Holdings As Of Sep -2-
11/15/201307:10:27AQR Capital Management 3Q 13F: Largest Purchases -2-
11/15/201307:10:23AQR Capital Management 3Q 13F: Largest Sales
11/15/201307:07:30Two Sigma Investments 3Q 13F: Largest Eliminations
11/15/201307:07:27Two Sigma Investments 3Q 13F: Largest Sales
11/15/201307:07:27Two Sigma Investments 3Q 13F: Largest Purchases
11/15/201307:07:27Two Sigma Investments 3Q 13F: Largest Eliminations -2-
11/15/201307:04:51Bridgewater Associates LP 3Q 13F: Largest Eliminations

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