Consumers Lose One

Broadcasters cheer as Aereo loses Supreme Court fight�-�Los Angeles Times:

In a major victory for the broadcast television industry, the Supreme Court ruled that Aereo — the start-up tech firm that distributes local television signals over the Internet — is illegal.

The 6-3 decision in the case of ABC vs. Aereo is likely to sound a death knell for the tiny company that launched in 2012 as a low-cost alternative to high-priced cable and satellite television. It promised to change the way that people watched TV...