source? I've talked with people who would know that say you aren't breaking laws by watching a stream of an event
streaming is not piracy. it would be no different than watching a video on a site that had been uploaded by someone that was breaking copyright laws.
I've got a close friend whose wife is an intellectual property attorney. We've discussed it over dinner with the wives and kids.
The way she explained it was that the "unauthorized reproduction, distribution, or exhibition" of a copyrighted work is illegal and subject to copyright infringement laws. The bugaboo (and the point of argument) is the term "exhibition". The debate is between whether or not such exhibition must be public (which is, without argument, illegal) or if private exhibition is similarly illegal. The bad part is that it seems to depend on what part of the U.S. you are in as to whether or not private exhibition is illegal, as the Supreme Court has not ruled on the issue. Different circuit courts have different rulings out there.
The Fifth Circuit (which includes Texas) has ruled that private exhibition is illegal. The Ninth Circuit (which includes California) may have ruled differently.
So, basically, on that point, there's a solid possibility that we're both right.
Of course, then you also have the point (and this has been ruled on by the Supreme Court) that by downloading the data from the feed, you are de facto creating, an illegal reproduction of copyrighted material. The Supremes have ruled that a downloaded, electronic copy is such an illegal reproduction, but their ruling did not include (or exclude, for that matter) watching a "feed", where the reproduction exists only for a matter of seconds (if that long). So far as I know, there is no case law on this point, at least not yet.
Right now, private companies include in their terms of service a statement informing purchasers that "illegal distribution and exhibition" includes the creation of feeds, torrents, etc., and they have every right, as the copyright owner, to eliminate the purchaser's ability to continue distributing and exhibiting their copyrighted material, otherwise known as "shutting down their feed". What you (and others) should watch out for is the possibility of such a clause existing in the terms of service of your ISP. WWE can (and has) contacted ISP's and requested they terminate service to people watching such feeds (and ISP's generally do it). Generally, repeatedly having to terminate service for cause will cause your ISP to no longer be willing to provide service to you or otherwise charging you a higher rate.
wk