It looks like Aereo’s investors are ready to give up after losing their Supreme Court battle.
Leading investor Barry Diller had the following to say on the ruling:
barry diller on aereo: “It’s not a big (financial) loss for us but … a big loss for consumers”
— Erin Griffith (@eringriffith) June 25, 2014
Aereo’s CEO has been saying for a while now that there was no Plan B if it lost. It looks like he wasn’t joking around.