Viacom and Cablevision make nice
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.”
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.