Economics
Disney-Fox Bid to End Aereo Web TV Threat Nears Top Court Action
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Major broadcasters are heading for a showdown in their bid to block a Barry Diller-backed company from upending the industry’s economics by offering subscribers live television over the Internet.
The U.S. Supreme Court will say as soon as tomorrow whether it will consider the claim by companies including Walt Disney Co.’s ABC and 21st Century Fox Inc. that Aereo Inc.’s business is built on copyright violations, obtaining broadcast signals for free and distributing them for a profit.