In the framework of Quantum Field Theory, we provide a rigorous, operator algebraic notion of entanglement entropy associated with a pair of open double cones O. O of the spacetime, where the closure of O is contained in O. Given a QFT net A of local vonNeumann algebrasA(O), we consider the von Neumann entropy SA( O, O) of the restriction of the vacuum state to the canonical intermediate type I factor for the inclusion of von Neumann algebras A( O). A( O) (split property). We show that this canonical entanglement entropy SA( O, O) is finite for the chiral conformal net on the circle generated by finitely many free Fermions (here double cones are intervals). To this end, we first study the notion of von Neumann entropy of a closed real linea...