Viacom, Time Warner dispute settled

January 02 2009 18:55:00

Viacom, Time Warner dispute settled

Bloomberg

Viacom, controlled by Sumner Redstone, sought a fee increase from Time Warner Cable, the second-largest U.S. cable company. Higher fees may help Viacom weather a 3 percent decline in U.S. advertising sales in the third-quarter.

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