Aereo closes Boston offices, but reveals Plan B

The court cases (and defeats) keep coming, and to the naked eye it might look like Aereo could be folding for good. The closure of their Boston offices looks bad - but according to Aereo, it's a sign of their determination to continue, despite loss of funding. There is reason to be optimistic.

With a little help from regulators, Aereo finally has a plan B. The FCC itself is considering a redefinition of broadcasting to include internet-based companies. It's possible this may have something to do with the confusion and questions that came up as a result of the Supreme Court ruling, but it might also be an attempt to encourage competition.

This proposal appears in an official FCC blog post by chairman Tom Wheeler, and is sure to provoke discussion and dismay among media corporations, especially considering that their stocks all fell more than 3% after the proposal was announced.