Cablevision and Viacom settle their lawsuits over channel bundling

Cablevision and Viacom settle their lawsuits over channel bundling

And identical to that, Cablevision’s feud with Viacom over channel bundling is over. The 2 TV giants have settled their antitrust lawsuits with guarantees that they are making “mutually useful enterprise preparations.” Neither aspect is saying what these preparations are, nevertheless, and it isn’t clear whether or not or not Cablevision is getting a greater deal than what it had in 2012. This ruckus began as a result of Cablevision did not like being pressured to hold area of interest Viacom channels to get the large channels it needed — this entire train can be pointless if the corporate did not get both a reduction or extra management. With that stated, it would not be surprising if Cablevision’s quickly-to-be proprietor, Altice, pushed for a hasty compromise to stop the lawsuits (and the ensuing authorities scrutiny) from interfering with its massive buy.

[Image credit: Jin Lee/Bloomberg via Getty Images]

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