Just when a lawsuit that had been lingering for the past nine years approached settlement, it encountered fresh opposition. Television broadcaster EchoStar Communications Corp. was caught in a dispute of programming with its associates ABC, NBC and CBS stations. The media partner had agreed to pay $100 million to resolve the looming dispute, but resistance by a group of Fox Network stations has staggered the process. EchoStar was found guilty of violating payments pertaining to the programming of local sports that the channel airs to several subscribers. The court ruling could ask EchoStar to discontinue serving about 800,000 subscribers, which in turn implies much lower revenues for EchoStar.
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Source:- IIPM Editorial
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For complete IIPM article click here
Source:- IIPM Editorial
Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative
