Menu
Aereo closing Boston and NY offices to 'preserve' company

Aereo closing Boston and NY offices to 'preserve' company

'We are not shutting down, just reducing burn,' a spokeswoman said

An array of Aereo antennas; to stay within the law, each subscriber gets one of his own.

An array of Aereo antennas; to stay within the law, each subscriber gets one of his own.

Aereo, which aimed to let customers stream live broadcast TV over the Web, is closing its Boston and New York offices and laying off employees in both locations.

The office closings will conserve resources as the company figures out the best path forward following legal setbacks. "This was a difficult, but necessary step in order to preserve the company," company spokeswoman Virginia Lam said, via email, adding that a "small team remains."

Aereo will permanently shut down its operations in Boston effective next Wednesday, closing that office and laying off 43 employees then said in a letter Thursday to the Massachusetts Division of Career Services and Boston Mayor Martin Walsh. The remaining Boston employees will stay temporarily to wind up operations, the letter said.

Lam did not say how many employees will be laid off at Aereo's New York headquarters.

Aereo had been battling broadcasters in court, who argued that the company's service violates copyrights. The U.S. Supreme Court ruled against Aereo this past June, though that did not deter the company from pursuing a statutory license under the U.S. Copyright Act, and additional funding.

Last month, however, a federal court in New York barred the company from transmitting live TV and rejected Aereo's view that it was entitled to a license, the company said in the letter to Boston employees.

"After that injunction entered, parties considering investment in Aereo were dissuaded from doing so," the letter said.

"It is now clear that at this time we are unable to obtain additional funding that would prevent the need to close our operations," the letter said.

"We are not shutting down, just reducing burn," Lam said by email.

Zach Miners covers social networking, search and general technology news for IDG News Service. Follow Zach on Twitter at @zachminers. Zach's e-mail address is zach_miners@idg.com


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags internetvideoconsumer electronicsInternet-based applications and servicesAereo

Featured

Slideshows

The making of an MSSP: a blueprint for growth in NZ

The making of an MSSP: a blueprint for growth in NZ

Partners are actively building out security practices and services to match, yet remain challenged by a lack of guidance in the market. This exclusive Reseller News Roundtable - in association with Sophos - assessed the making of an MSSP, outlining the blueprint for growth and how partners can differentiate in New Zealand.

The making of an MSSP: a blueprint for growth in NZ
Reseller News Platinum Club celebrates leading partners in 2018

Reseller News Platinum Club celebrates leading partners in 2018

The leading players of the New Zealand channel came together to celebrate a year of achievement at the inaugural Reseller News Platinum Club lunch in Auckland. Following the Reseller News Innovation Awards, Platinum Club provides a platform to showcase the top performing partners and start-ups of the past 12 months, with more than ​​50 organisations in the spotlight.​​​

Reseller News Platinum Club celebrates leading partners in 2018
Meet the top performing HP partners in NZ

Meet the top performing HP partners in NZ

HP has honoured its leading partners in New Zealand during 2018, following 12 months of growth through the local channel. Unveiled during the fourth running of the ceremony in Auckland, the awards recognise and celebrate excellence, growth, consistency and engagement of standout Kiwi partners.

Meet the top performing HP partners in NZ
Show Comments