IAC chairman Barry Diller says he “can’t see any path forward” for Aereo in the event the Supreme Court rules against the service.
“If we lose, we’re finished,” Diller told Bloomberg TV’s Erik Schatzker. “It’s very possible that there’s some salvage. But Aereo would probably, as I say probably just because I can’t — I can’t see any path forward.” IAC is the major backer of the streaming service which takes the signals of local TV stations and distributes them to paying subscribers who watch via their internet service provider, not over the air. “It probably would not be able to continue in business,” Diller added.
The case goes before the Supreme Court on April 22. A week later, at the TVNewser Show, we’ll be discussing the future of Aereo. Among our panelists is Tom Taylor, the Assistant Managing Editor of Bloomberg BNA’s United States Law Week, who will be monitoring the arguments. Click here for more information and to register.
Video of Schatzker’s interview with Diller is after the jump. Read more