Back in January, we posted about a lawsuit brought by the four major US TV networks against Aereo. Aereo uses antennae to capture the local broadcast signals of the major networks, then places the recorded programs on-line.

Today, the Supreme Court ruled against Aereo. Looks like that’s the end of the line for this experiment. It also looks like a major loss for its investors, as the business model was based entirely on avoiding retransmission fees.

Here’s the decision.