A bankruptcy judge gave Aereo Inc. approval yesterday to finalize the sale of its technology and remaining assets to TiVo Inc. and other buyers, Dow Jones Daily Bankruptcy Review reported today. The company has said that it is disappointed in the outcome of the sale, which brought in less than $2 million to help pay back creditors of the defunct TV-streaming service. In a recent lawsuit, Aereo accused major broadcasters of chilling bidding on the company's assets. A long-running lawsuit with those same broadcasters led Aereo into bankruptcy. In June, Aereo effectively shut down following a landmark U.S. Supreme Court loss that found that Aereo violated copyright laws by allowing customers to stream broadcast TV without paying a royalty to broadcasters.
