Update to our previous article (reposted below):
Cablevision and ABC have come to a deal, 45 minutes after the start of the Oscars. More word on the agreement when it is finalized.
Original article:
Disney has blacked out the broadcast channel ABC for Cablevision’s 3 million subscribers, the day of the highly-anticipated Academy Awards.
Cablevision says it’s willing to restart negotiations with Disney, along with a third-party arbitrator, to end the spat over transmission fees.
The cable company has a decent monopoly over the Bronx, Queens, Brooklyn and parts of NJ and Connecticut.
“Given the extraordinary public interest in this matter, Senator (John) Kerry and other public officials have suggested that arbitration is appropriate in this highly unusual situation,” added Charles Schueler, Cablevision’s executive vice president of communications. “Cablevision will agree to binding arbitration and calls upon Disney CEO Bob Iger to immediately return ABC to New YOrk area viewers and join us in binding arbitration to resolve this matter fairly.”
ABC says they have put forward a counter-offer this afternoon.
Result for: arbitrator
The developer Valve has sued Activision Blizzard over unpaid royalties this month, claiming the company underpaid them by over $400,000 USD.
The dispute started in 2002 with a copyright infringement claim by Valve against Sierra Entertainment, who was purchased by Activision in 2004. In 2005, Sierra agreed to “stop generating cyber cafe licenses to players of Valve games, including Counter-Strike.” At the same point, both companies agreed that an outside auditor would determine the amount of royalties owed to Valve.
As explained by Gamasutra, “that judgment was not made until this month. On April 6, the arbitrator declared Activision (formerly Sierra) to owe Valve a total sum, including interest, of $2,391,932.
On April 7, referring back to a claim first made March 3, Activision declared Valve to have been previously overpaid $424,136 in royalties, and said it would subtract that amount from its ordered payment. Thus, Activision cut a check for $1,967,796 — the court-ordered amount minus the alleged overpayment.
But Valve says Activision never raised its overpayment allegation with the arbitrator, and the two companies already had a longstanding agreement to recognize the arbitrator’s judgment. Furthermore, Activision has already threatened to sue Valve to recover that $424,136 if Valve seeks to confirm the $2,391,932 order.”
