TiVo Buys Aereo’s Name, Assets in $2 Million Auction

GigaOM: Aereo, the streaming startup that was poised to upend the TV industry until the U.S. Supreme Court shut it down, has been sold for scraps. Aereo’s assets are said to have fetched under $2 million at auction. The figure is a far cry from the $90-to-$100 million that Barry Diller and other investors had put in the company. The auction’s primary winner appears to be TV recording service TiVo, which acquired Aereo’s trademark along with customer lists and unspecified other assets.