Aereo is fighting for its life in front of the United States Supreme Court. What's at stake for fans and investors? Would an adverse ruling impact the entire cloud computing industry, as Aereo and its allies threaten?

Then, The Amazing Spider-Man 2 opens strongly in a few overseas territories. Does the initial burst of box office enthusiasm bode well for Sony's (NYSE:SNE) strategy to weave an entire movie universe around the web-slinger?

Finally, Netflix (NASDAQ:NFLX) faces threats on multiple fronts as Amazon.com (NASDAQ:AMZN) strikes a deal to stream older HBO shows while The Chernin Group pledges $500 million to work with AT&T (NYSE:T) on an alternative platform. Who got the better bargain? What, if anything, should investors do in response?

Ellen Bowman, Nathan Alderman, and Tim Beyers have these stories and more in this week's episode of 1-Up on Wall Street. Click the video to watch now, and then be sure to follow us on Twitter for more segments and regular geek news updates!

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Ellen Bowman owns shares of Amazon.com and Netflix. Nathan Alderman owns shares of Amazon.com. Tim Beyers owns shares of Netflix. The Motley Fool recommends and owns shares of Amazon.com and Netflix. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.