With no options left, streaming TV startup Aereo closes shop

Aereo is dismantling a major office and laying off most of its workers as it becomes increasingly clear the broadcasting industry’s legal victories over the Boston- and Brooklyn-bred startup will last. […] Spokeswoman Virginia Lam told Betabeat the company is not closing entirely, though. “In an effort to reduce costs, we made the difficult decision to lay off some of our staff in Boston and New York,” she said in a statement. “We are continuing to conserve resources while we chart our path forward. We are grateful to our employees for their loyalty, hard work and dedication. This was a difficult, but necessary step in order to preserve the company.” – Ben Fischer,New York Business JournalĀ 
(Full Story: http://ift.tt/10ZJIMD )