Wednesday,  January 9, 2013 • Vol. 13--No. 174 • 36 of 41 •  Other Editions

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lion bailout of the New York-based insurer.
• If AIG decides to join the complaint, which seeks $25 billion in damages, it would pit the company against the government that in 2008 kept it from buckling under the weight huge losses on mortgage-backed securities and other toxic assets.
• AIG said that after Wednesday's meeting, its directors should have a decision by the end of the month.
• Starr International Co. Inc., the investment firm of former AIG CEO Maurice Greenberg, filed the lawsuit in November 2011 on behalf of the firm and AIG shareholders.
• ___

Review: TV-over-Internet Aereo service a good supplement to Hulu, temptation for cutting cable

• NEW YORK (AP) -- Broadcast networks make many of their shows available on the Internet, but you usually have to wait at least a day after an episode airs on television. A subscription service called Aereo breaks those shackles and makes network programs available right away.
• That sounds too good to be true, and in a sense it is. First, it works only in New York City for now, though Aereo said Tuesday that it will expand to 22 more U.S. cities this spring. Its channel selection is limited to 29 over-the-air channels and Bloomberg TV. It doesn't include the other cable networks I frequently watch.
• The biggest caveat is the fact that broadcast networks are suing to shut it down. More on that later.
• Aereo is no fly-by-night pirate operation. The startup is backed by big money and a big name -- media billionaire Barry Diller. Aereo believes what it is doing is legal. It has created tiny antennas, each the size of a dime. The company stuffs thousands of them into small boxes at its data center in Brooklyn.
• When you're ready to watch a show, you are assigned one of those antennas, as if you had your own antenna on your roof. You get a second one, too, if you want to record something to watch later. You can also record both shows for later. Shows you watch live or record for later viewing are streamed over the Internet to a Web browser.
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'Lincoln,' 'Les Miserables, 'Life of Pi' lead nominations for British Academy Film Awards

• LONDON (AP) -- Historical biopic "Lincoln" leads the race for the British Acad

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