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 (SONY -0.53%) strategy to weave an entire movie universe around the web-slinger?

Finally, Netflix (NFLX -8.74%) faces threats on multiple fronts as Amazon.com (AMZN -2.49%) strikes a deal to stream older HBO shows while The Chernin Group pledges $500 million to work with AT&T (T 0.28%) 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!