The U.S. Court of Appeals for the Second Circuit yesterday barred a company that streams live TV shows over the Internet from continuing to transmit the programming, finding that to hold otherwise would “destabilize [an] entire industry” and inflict irreparable damage on the networks.

In a unanimous decision, the court upheld Southern District Judge Naomi Reice Buchwald (See Profile) and sustained a preliminary injunction barring ivi Inc. of Seattle from transmitting copyrighted material belonging to media powerhouses such as ABC, CBS, NBC, Fox Television and Major League Baseball.

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