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July 30th, 2014
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Mark Cuban Gives Aereo an A for Effort

Mark Cuban Gives Aereo an A for Effort

Last weekend, Mark Cuban the chairman of the HDTV cable network AXS TV, Shark Tank investor and owner of the NBA’s Dallas Mavericks, Landmark Theatres, and Magnolia Pictures, wrote that Aereo, the Internet-over-the-Web provider, “deserves a lot of credit for their effort,” which made its way up to the US Supreme Court and resulted in a losing legal battle with.

In Cuban’s blog post advocated the innovation behind the Boston Company’s DVR-in-the-cloud service, reason most likely being its similarity to Cuban’s own idea. Billionaire Cuban launched the first serious effort to offer broadcast television over the Web in 1999, with his Broadcast.com website, which now funnels users to the Yahoo!

Like Aereo’s current failure, it too was a failure. Aereo received its final death blow two weeks ago. In late June, the Supreme Court decided the startup had copyrighted content from broadcasting giants the likes of NBC, Disney and FOX, among others. The Supreme Court recommended Aereo pay for cable content, just like all cable carriers have to do. However, no one wanted to even take their money.

Aereo succumbed to the Court’s ruling. Its service came to a halt and users were refunded before officially switching up its strategy and claiming it was indeed a cable company in the lower courts. Two weeks ago the lower courts said Aereo has a small chance of receiving the cable company license, which is necessary to stream TVs from broadcasters in exchange for fees. After the US Copyright Office decision to exclude it from consideration as a cable provider, Aereo will not be able to stay afloat.

“It was a long and expensive shot to do what they went for. But they went for it. And they attempted to pivot after their SCOTUS loss,” Cuban wrote. “The technology has obviously gotten better on all sides of the equation, but sometimes a good idea is a good idea. Even if it is hard to make work.”

Cuban concluded with some final words of enlightenment: “Everything old is always new again in tech.”

 

As Hamas Rockets Fall, CUFI Rallies for Israel in Washington, DC

As Hamas Rockets Fall, CUFI Rallies for Israel in Washington, DC

W ith the conflict in Israel in their hearts and on their minds, thousands of evangelical Christians converged on Washington, DC, from July 21-22 to flex their collective ...

Hareidi MKs Condemn Attack on IDF Soldier in Beit Shemesh

Hareidi MKs Condemn Attack on IDF Soldier in Beit Shemesh

H areidi extremists attacked a reserve soldier returning home from the front Monday, according to several reports, as he came home to Beit Shemesh to visit his parents and...

Israeli Legal Advocacy Group Condemns NGOs for Exploiting Bedouin Tragedy

Israeli Legal Advocacy Group Condemns NGOs for Exploiting Bedouin Tragedy

R egavim, a leading Israeli research-based legal advocacy organization, condemns the efforts of NGOs* to further undermine Israeli law and solidify illegal Bedouin settlem...

US Firefighters in Israel to Help with Rocket-Induced Fires

US Firefighters in Israel to Help with Rocket-Induced Fires

A n American delegation of 13 senior firefighters and officers are in Israel as part of the Emergency Volunteer Project assisting their Israeli counterparts in extinguishi...

30,000 Attend Funeral for LA Native Killed in Gaza

30,000 Attend Funeral for LA Native Killed in Gaza

S ome 30,000 people from across Israel came to the funeral of IDF soldier Sgt. Max Steinberg, even though most of them never met him. Steinberg, 24, was killed in action i...

Continuing to Study Torah is 'Part of the Battle'

Continuing to Study Torah is 'Part of the Battle'

23rd annual Bible seminars in Gush Etzion take on added meaning as part of 'spiritual battle' against Hamas.

T his week saw the 23rd annual Yemei Iyun B'Tanach - a series o...

Thousands Gather in Prayer at Kotel

Thousands Gather in Prayer at Kotel

T ens of thousands of people gathered at the Kotel (Western Wall) on Sunday, July 27th to pray for the welfare of IDF soldiers locked in battle with Hamas terrorists in Ga...

Tisha B'Av 1914 - The Jewish Experience During World War I

Tisha B'Av 1914 - The Jewish Experience During World War I

T he British Foreign secretary, Lord Edward Grey of Fallodon observed upon the outbreak of the First World War that “The lamps are going out all over Europe we shall not s...

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