Cablevision Sues Viacom in Fee Faux Pas

Television!, by flickr user *USB*, licensed by Creative Commons

   Some TV packages just don’t deliver

Two months after reaching an agreement, it looks like there’s already trouble in paradise.  Cablevision and Viacom are going to court over a packaging of low rated networks.  The issue here is obtaining access to juggernauts ratings such as Nickelodeon, MTV, and Comedy Central.  Cablevision must also support up to a dozen lesser-watched channels which hurt their overall brand.  The antitrust lawsuit could be a landmark decision going forward to monitor the way cable providers reach terms for packaged channels.  The case was filed in New York, stemming from a mutual contract agreed to over the winter.

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Credit Will Do “Fine”

Too Much Credit, by flickr user Andres Rueda, licensed under Creative Commons

Credit Problems Stacking Up?

The likes of Target and Starbucks are about to enter round 2 of the heavyweight fight against Visa and Mastercard.  The settlement, which is roughly $7.2 billion, will bring an end to 7 years of litigation concerning the credit card companies themselves and big merchants, such as Target, Starbucks, and Wal-Mart.  The large merchants are protesting the proposed answer over “swipe fees” that they are ordered to pay in return for granting their customers quick service to their credit cards.  The underlying issue is that the nearly 8 million merchants are saying the deal is unfair for them, claiming the credit card companies are in bed with the banks and are focused on monetizing with no regard for business.  The economics of the settlement are also in question, as well as the $550 million tied up in a preliminary deal between the two parties poised to stop the bleeding.

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