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Charles Dolan

Viacom and Cablevision settle lawsuit over channel bundles

Viacom and Cablevision settle lawsuit over channel bundles

Viacom Inc. and New York cable giant Cablevision Systems Corp. have settled a long-running antitrust lawsuit that was intended to shine a light on programmers' demands that all of their channels be included in pay-TV packages.

The two companies announced Friday afternoon that they had resolved the matter and were entering into "mutually beneficial business arrangements."

Details of the settlement -- as well as any changes to the companies' carriage agreement -- were not disclosed.

“We are pleased to have put these matters behind us in ways that benefit both of our companies and look forward to working together to benefit Cablevision’s...

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