Aereo Streaming Site Adds Bloomberg TV

THE DEADLINE TEAM
December 14, 2012
Aereo Streaming Site Adds Bloomberg TV

Barry Diller’s IAC/InterActiveCorp-backed online-television streaming startup Aereo has made a deal to add Bloomberg TV as its first cable network offering. Aereo is paying Bloomberg for the privilege, according to the Wall Street Journal. Terms weren’t disclosed. Aereo streams over-the-air broadcast signals to NYC residents for a monthly fee. The major broadcast networks have sued Aereo in federal court alleging copyright infringement. Bloomberg, which lacks full traditional distribution, gains an outlet, and Aereo gains content unencumbered by litigation as part of a broader effort to expand Aereo’s service. Aereo said today it plans to add up to 15 cities its service early next year. Meanwhile, Aereo and the broadcasters are awaiting a critical appeals court decision.

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