ADVFN - Advanced Financial Network.
HOME» NASDAQ » I » IACI Stock Price » IACI Stock News

Iac/interactivecorp Share News

 Iac/interactivecorp (mm) Stock Price
IACI Stock Price
 Iac/interactivecorp (mm) Stock Chart
IACI Stock Chart
 Iac/interactivecorp (mm) Stock News
IACI Stock News
 Iac/interactivecorp (mm) Company Information
IACI Company Information
 Iac/interactivecorp (mm) Stock Trades
IACI Stock Trades

US District Judge Denies Broadcasters' Injunction Request For Aereo TV Service

By William Launder Online TV startup Aereo Inc. won a major legal victory Wednesday in its efforts to deliver broadcast television over the Internet, after a U.S. district judge denied big media companies' request for a preliminary injunction to shut down the service. The broadcasters had argued that Aereo represents an irreparable harm to their business, which earns money from advertising revenue and so-called retransmission fees that distributors pay networks to carry their content. U.S. District Judge Allison Nathan ruled that the broadcasters hadn't demonstrated that "the balance of hardships decidedly tips in their favor" in the case. The broadcasters, though, did demonstrate that the Aereo service represents an irreparable harm to their business models, the judge said, but that's not enough to grant an injunction. The broadcasters include News Corp.'s (NWS, NWSA) Fox Broadcasting, Comcast Corp.'s (CMCSA, CMCSK) NBC, Walt Disney Co.'s (DIS) ABC, CBS Corp. (CBS), and a unit of Univision Communications Inc. News Corp. also owns Dow Jones & Co., publisher of Dow Jones Newswires and The Wall Street Journal. The group had sued Aereo in March on grounds that it violates copyright laws by transmitting proprietary broadcast signals to viewers' different devices through a network of tiny antennas. Aereo, backed by Barry Diller's IAC Interactive Corp. (IACI) plans to expand the service past its initial New York City test market if the legal ruling is favorable. Chief Executive Chet Kanojia has said he envisions using Aereo's broadcast service as a platform for selling other forms of media content to viewers. Write to William Launder at

Stock News for Iac/interactivecorp (IACI)
11/24/201517:25:34Current Report Filing (8-k)
11/24/201516:30:00IAC and Match Group Announce Closing of Initial Public Offering
11/23/201508:30:00IAC and Match Group Announce Full Exercise of Underwriters' Option...
11/20/201516:46:38Current Report Filing (8-k)
11/19/201509:13:03Will Facebook Inc.'s New Snapchat Challenger Succeed?
11/18/201520:30:00Match Group Announces Pricing of Initial Public Offering
11/18/201508:00:14Angie's List, Inc. Says "Thanks, But No Thanks" to IAC/InterActiveCorp
11/17/201509:40:00Angie's List Rejects IAC Buyout Offer
11/16/201516:16:00Match Group Completes Exchange Offer and Consent Solicitation...
11/13/201509:23:00Google and HomeAdvisor Partner to Drive Business to Local Home...
11/12/201517:48:04Why Angie's List Inc. Jumped On Thursday
11/11/201517:10:00IAC/InterActiveCorp Offers to Buy Angie's List
11/11/201516:05:00IAC Proposes To Acquire Angie's List For $8.75 Per Share
11/10/201508:30:00The Princeton Review & Entrepreneur Name The Top 25 Undergrad...
11/10/201506:00:00So Many Feels: Fleek, Mx., Sapiosexual, Yaaas & More New Words...
11/09/201516:34:41Quarterly Report (10-q)
11/09/201515:00:12Why Angie's List, Inc. Stock Skyrocketed 53.4% in October
11/09/201507:45:00Match Group Launches Roadshow for Initial Public Offering
11/09/201507:20:00Match Group Sets IPO Terms
10/30/201509:19:00IAC Announces Early Results of Pending Offers for its 4.75% Senior...

Iac/interactivecorp and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations