Viacom (VIA-B), Time Warner (TWC) Settle Mobile Distribution Dispute
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According to Thursday reports, Viacom (NYSE: VIA-B) and Time Warner Cable (NYSE: TWC) settled a legal dispute which had Viacom shows being prevented from streaming to the iPad.
The resolution stemmed from a lawsuit last year in which Viacom sued Time Warner to prevent it from distribution Viacom content on mobile devices. Time Warner counter-sued, seeking a court ruling to allow distribution to continue.
Though terms were private, Bloomberg cites a source who said Time Warner won't be paying more for the rights.
Of course, streaming isn't just limited to Apple's (Nasdaq: AAPL) iPad. Google (Nasdaq: GOOG) Android-based devices, the iPhone, heck, even Microsoft (Nasdaq: MSFT) Windows Phone devices will be able to stream Comedy Central and Nickelodeon.
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The resolution stemmed from a lawsuit last year in which Viacom sued Time Warner to prevent it from distribution Viacom content on mobile devices. Time Warner counter-sued, seeking a court ruling to allow distribution to continue.
Though terms were private, Bloomberg cites a source who said Time Warner won't be paying more for the rights.
Of course, streaming isn't just limited to Apple's (Nasdaq: AAPL) iPad. Google (Nasdaq: GOOG) Android-based devices, the iPhone, heck, even Microsoft (Nasdaq: MSFT) Windows Phone devices will be able to stream Comedy Central and Nickelodeon.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
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