Codebreaker

Viacom and Cablevision make nice

John Moe Aug 11, 2011

Viacom and Cablevision were engaged in a legal battle over whether Cablevision had the rights to direct content to its customers to an iPad app called Optimum App. When the app launched last April, Viacom sprung into action saying the iPad was a separate distribution device and therefore Cablevision had to acquire new rights to stream Viacom content through that channel. Wednesday, Viacom and Cablevision announced they settled the dispute. Reuters cites the companies’ joint statement: “Cablevision and Viacom were able to resolve the iPad matter and an unrelated business matter to their mutual satisfaction,” they said. “Neither side is conceding its original legal position or will have further comment.”

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.