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News Breaks
February 26, 2013
11:44 EDTVIA, CVC, VIABCablevision files antitrust suit against Viacom over bundled programming
Cablevision Systems (CVC) announced it filed an antitrust lawsuit against Viacom (VIA, VIAB) in federal court in Manhattan. Cablevision alleges Viacom illegally forced it to carry and pay for 14 lesser-watched ancillary networks its customers do not want, such as Palladia, MTV Hits and VH1 Classic, in order to carry must-have networks such as Nickelodeon, MTV and Comedy Central. Cablevision's complaint asserts that Viacom engaged in a "per se" illegal tying arrangement in violation of the federal antitrust laws. Cablevision's antitrust lawsuit also asserts that Viacom has engaged in unlawful "block booking," which is a form of tying that conditions the sale of a package of rights on the purchaser's taking of other rights. Cablevision said Viacom's conduct also violates the Donnelly Act in New York State Law, which parallels federal anti-trust laws. The complaint was filed under seal and a public version is not yet available. Cablevision said it is seeking a number of remedies including: Declaratory relief voiding the December 2012 carriage agreement; a permanent injunction barring Viacom from conditioning carriage of any or all of its core networks on Cablevision's licensing any or all of Viacom's ancillary networks; to effectuate the permanent relief, a requirement that Viacom permit Cablevision to carry the core networks and ancillary products on terms pending negotiation of a new, lawful agreement; treble damages and legal fees. Cablevision indicated that there would be no immediate disruption in programming offerings pending the resolution of this matter.
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April 23, 2014
15:55 EDTCVCNew FCC proposal to let ISPs charge for special access, WSJ says
The Federal Communications Commission plans to propose new "net neutrality" rules on Thursday that would block Internet service providers from discriminating against specific websites, but would allow providers to charge content companies for preferential treatment of their traffic, according to The Wall Street Journal, citing a person familiar with the proposal. Netflix (NFLX) CEO Reed Hastings had been outspoken in the past in his opposition of the FCC's previous net neutrality rules. Broadband ISPs include Comcast (CMCSA), Time Warner Cable (TWC), Cablevision (CVC), Verizon (VZ), and AT&T (T). Reference Link
15:37 EDTCVCFCC to propose to let ISPs charge content companies for special access, DJ says
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April 22, 2014
07:25 EDTVIANatural E Creative Group to hold a summit
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April 16, 2014
07:12 EDTVIA, VIABBSkyB, Discovery make joint offer for Channel 5, Bloomberg says
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