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EU: Cablevision, Viacom in settlement talks over bundling lawsuit

By  |  September 30, 2015

Cablevision Systems Inc and Viacom Inc are discussing a possible settlement of an antitrust lawsuit in which the cable operator accuses Viacom of forcing distributors and subscribers to buy channels they do not want, a person familiar with the matter said on Tuesday.

The case is on hold for 45 days, according to a court filing. Cablevision recently agreed to a $17.7 billion takeover by European telecommunications company Altice.

The source spoke on condition of anonymity because the talks are private, reported CNBC.

Full content: CNBC

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