In its first public response to a lawsuit filed by Cablevision, Viacom Inc. Chief Executive Philippe Dauman slammed Cablevision’s case as “ill-advised” and “frivolous,” arguing that the money spent on legal fees would be better suited to bringing customers better cable service. Cablevision filed a suit against Viacom accusing the cable provider of forcing Cablevision to pay for bundled channels of unwanted networks to get the most popular channels to its customers. Dauman made the remarks at a Deutsche Bank investor conference in Florida. Cablevision is accusing Viacom of abuse of dominance and has publically argued that the practice is “illegal, anti-consumer, and wrong.”
Full Content: Chicago Tribune
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