The streaming TV app Locast is shutting down for now, after losing a critical court ruling in a case brought by the broadcast networks, including CBS, NBC, ABC and Fox. “As a non-profit, Locast was designed from the very beginning to operate in accordance with the strict letter of the law, but in response to the court’s recent rulings, with which we respectfully disagree, we are hereby suspending operations, effective immediately,” the company wrote in an email message to users.
Read the article: The Hollywood Reporter
