Aereo was a technology company based in New York City that allowed subscribers to view live as well as time-shifted streams of over-the-air television on Internet-connected devices. Aereo launched in February 2012 and was backed by Barry Diller's IAC (who started Fox Network).
Aereo's technology allowed subscribers to view live broadcast content and/or record live broadcasts for viewing later. As of October 2012, Aereo could be watched on Windows, Mac, and Linux PCs with a compatible browser or iOS devices including the iPhone, iPad, iPod Touch or Apple TV (2nd & 3rd Gen) via AirPlay. As of January 2013, Aereo could be watched on Roku without the use of iOS devices. Aereo launched a stand-alone Roku app on the January 21, 2013.
Aereo provided this service by leasing to each user an individual remote antenna. This distinguished Aereo from purely internet-based streaming services.
Aereo, in it's 2.5 year life-cycle had raised over $100 Million, and was recognized by Wall Street Journal, PC Magazine, Gizmodo, Mashable, and Fortune magazine.
Reviews of Aereo were positive, including one by The Wall Street Journal's Katherine Boehret, who commented on Aereo’s “clean user interface that works well on iPad... and its video quality is startlingly good.” PC Magazine complained of the limited channel options and limited availability, but praised the interoperability of the service offered.
- Mashable