Once believe to be a cord - cutter ambition , Aereo will conclude its good 8 - calendar month - recollective death rattle as the company sell off its telly pullulate technology to the gamey bidder in later February 2015 . According toThe Wall Street Journal , all sale will be supervise by the broadcaster that originally burst up Aereo in the first place .
After the highly air motor lodge case in June came down with the determination that Aereo ’s approach toonline streaming was , in fact , illegaland ravish copyright law , the decision was then immediately testedagainst other streaming services , and Aereo shut down the next day . promise that Aereo was n’t done yet suggested the company might return as aDVR help . But a month later , the companyclosed its office in Bostonandsoon filed for failure .
Despite these mirky waters of legality , 17 bidder are concerned in Aereo ’s technology . The Wall Street Journal reports that Aereo believes its technical school can be used legally but spreader are wary , which is why they ’ll have two weeks to object to any passel Aereo makes . It ’s unlikely Aereo will rise under another pretext considering the broadcasters ’ strict superintendence .

So for Aereo , this is how it ends — picked apart patch by spell . fortunately , it ’s not a thoroughgoing dead end for lively TV streaming . Theinternet always bump a style . [ The Wall Street Journal / Reuters ]
Aereo
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