ADVFN - Advanced Financial Network.
HOME» NASDAQ » N » NWSA Stock Price » NWSA Stock News

News Share News

 News (mm) Stock Price
NWSA Stock Price
 News (mm) Stock Chart
NWSA Stock Chart
 News (mm) Stock News
NWSA Stock News
 News (mm) Company Information
NWSA Company Information
 News (mm) Stock Trades
NWSA 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 william.launder@dowjones.com

Stock News for News (NWSA)
DateTimeHeadline
09/01/201511:00:00News Corp Reports Drop in Chairman, CEO's Pay
09/01/201509:00:00Anthony Perry Joins Move, Inc. as VP of Media Sales
09/01/201508:33:12Additional Proxy Soliciting Materials (definitive) (defa14a)
09/01/201508:32:16Proxy Statement (definitive) (def 14a)
08/27/201510:40:00Pending Home Sales Index Rises
08/21/201515:30:00EU Deepens Google Antitrust Investigation
08/20/201510:40:00U.S. Existing Home Sales Rise to Pre-Recession Pace
08/18/201516:33:10Statement of Changes in Beneficial Ownership (4)
08/18/201516:32:20Statement of Changes in Beneficial Ownership (4)
08/18/201516:31:52Statement of Changes in Beneficial Ownership (4)
08/18/201511:33:00Checkout 51 Wins Future Digital Award From Juniper Research
08/18/201509:40:58Current Report Filing (8-k)
08/13/201516:34:02Statement of Changes in Beneficial Ownership (4)
08/13/201516:33:10Statement of Changes in Beneficial Ownership (4)
08/13/201516:32:17Statement of Changes in Beneficial Ownership (4)
08/13/201506:45:51Annual Report (10-k)
08/13/201506:00:0010 ZIP Codes Rise Above 32,000 to Create Realtor.com®'s 2015...
08/12/201519:40:12News Corp Posts Loss on Education Write-Down
08/12/201516:30:00News Corporation Reports Fourth Quarter and Full Year Results...
08/12/201505:00:06Pearson Sells 50% Stake in Publisher of the Economist

News 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

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad