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Aereo Maps Out Aggressive Expansion Plan Even as Supreme Court Case Looms

Apr 9, 2014  •  Post A Comment

The television streaming service Aereo plans to expand across the country just as the U.S. Supreme Court prepares to hear a case in which the service is accused of violating copyright law, reports the Boston Herald.

The company is preparing to introduce its service to 50 additional cities across the U.S., and is also still expanding to 22 cities it had planned to expand into by the end of last year, the story notes. The service, which uses tiny antennas to capture broadcast TV signals and then relay them to individual customers’ homes, is currently in 13 cities.

Aereo raised $34 million in January, and has a total of $97 million in venture funding. “What’s the point of having money? If you’re going to lose, you don’t need the money, if you win you’d be a fool to have wasted the time,” Aereo CEO and founder Chet Kanojia told the publication.

The Supreme Court is expected to announce a decision in the case in June.

In the meantime, along with its expansion plans Aereo is working on adding support additional devices and upgrading to version 2.0, the piece reports.

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