The Supreme Court heard the oral arguments in the Aereo case yesterday, it has received all the briefs, and now we all just wait for a decision – to probably be released late in June before the Court’s summer recess. The transcript of yesterday’s oral argument has been released and is available here. It makes for interesting reading, as the questions from the Court seemed to be dubious of Aereo’s claims that it can retransmit the signal of a broadcast television station over the Internet, to the public for a fee, without the consent of or any payment to the stations. While dubious about the Aereo service, the Court was also concerned about the potential impact of any decision against Aereo on cloud services and even on other distributors of media content. Lots of issues came up during the course of the argument, and it will be very interesting to see how the Court resolves these in its final decision. Keep reading, and I’ll make my prediction.