Aereo Court Ruling Impact Could Be Swift (Analysis) – Hollywood Reporter

This comment, and others, was enough to convince Judge Nathan that the broadcasters indeed suffered irreparable harm should Aereo be given a green light to continue operations. But the broadcasters couldn’t meet the other test — the likelihood that they would ultimately prevail on arguments that Aereo violated the “transmit clause” of the Copyright Act.

The decision surprised many media analysts, some of whom like Paul Gallant at Guggenheim WRG had previously issued reports to investors that broadcasters had the “edge” in the court battle because they had the “stronger legal argument.”

Now, in the aftermath of the judge’s decision, some analysts are trying to digest the significance.