Aereo Cuts Carriage Deal With Bloomberg TV

Internet TV startup adds financial news channel to over-the-top service

By Todd Spangler, Multichannel News -- Broadcasting & Cable, 12/14/2012 10:53:38 AM

Aereo, the Internet TV startup being sued for copyright infringement by major broadcasters, has added Bloomberg TV to its over-the-top streaming and DVR service available for a little as $8 per month -- its first deal with a cable network.

Terms of the agreement were not disclosed, although the companies confirmed Aereo is paying to carry the financial news network. Aereo spokeswoman Virginia Lam said there is "no timeline on additional [content] partnerships at this time."

"Bloomberg Television offers exceptionally high quality business news content and we believe that our members will see deep value adding in Bloomberg Television as their ‘go-to' source for financial news," Aereo founder and CEO Chet Kanojia said in an emailed statement. "With this partnership, Aereo continues to deliver innovative, easy to use technology, more choice for consumers, and an exceptional consumer experience."

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