Ordinarily, I would write that Aereo, the Internet video company slammed yesterday by lawsuits from nearly every major TV broadcaster in New York, is doomed.
I would write that Aereo is headed for the same gloomy ending as ivi.TV and Zediva. These were goofy, legal-loophole plays that were shut down by the courts faster than you can say permanent injunction.
But hold up.
Aereo is supported by some very smart people. Barry Diller, one of the savviest media tycoons around, is an investor and is on the board. There's no doubt that he and the company anticipated a … Read more