These Cable Shows Can Now Stream on the iPad
Viacom (NASDAQ:VIAB) and Time Warner Cable (NYSE:TWC) have settled a legal dispute that will allow cable customers to watch the former’s shows on devices such as the Apple (NASDAQ:AAPL) iPad. Viacom owns MTV, Comedy Central, Nickelodeon, and the Paramount film studio.
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On Wednesday, Viacom said the companies “have agreed to resolve their pending litigations” and that “all of Viacom’s programming will now be available to Time Warner Cable subscribers for in-home viewing via Internet protocol-enabled devices such as iPads.”
The statement, released through Viacom’s blog, added that “neither side is conceding its original legal position or will have further comment.”
Viacom initiated the lawsuit in 2011, asking for a block on the cable company from distributing programming on such devices through its TWCable TV app. The app also attracted protests from other media companies, such as Scripps Networks (NYSE:SNI), Fox Cable Networks (NASDAQ:NWSA), and Discovery Communications (NASDAQ:DISC). Time Warner countered with a suit that insisted its contract with Viacom allowed such distribution of content.
Viacom had also settled a similar lawsuit against Cablevision Systems (NYSE:CVC), with the latter being allowed to distribute programs on mobile devices.
Time Warner Cable has more than 14 million customers and is the second-largest cable company in the United States after Comcast (NASDAQ:CMCSA).
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