Investors Pump Up Networks After SCOTUS Ruling
After the Supreme Court dealt a likely death blow to Aereo this morning -- Barry Diller himself said it's over -- most broadcasters' stocks surged 4%-7%. Sinclair jumped as much as 14%. Deadline's David Lieberman and Dominic Patten break it all down, from what investors had expected from the justices to the potential impact on retrans fees.
Related: SCOTUS Scuttles Aereo; “It’s Over”, Says Diller In Big Win For Big Broadcasters