Video & Audio|August 12, 2011| Author: Kim LaCapria|Tags: ,

Viacom, Cablevision Settle iPad Streaming Suit

A lawsuit filed in Manhattan federal court in late June instigated by Viacom against Northeast regional cable provider Cablevision over iPad streaming permissions has been resolved today outside of court, and neither party disclosed the terms of the settlement.

Earlier this week Cablevision unveiled the Optimum App for iPhone enabling Cablevision subscribers to stream content to iPhones and iPods- a feature that has been available to iPad users since May- despite the lawsuit. In announcing the expansion of streaming to iPods and iPhones, Cablevision asserted their right to distribute the content in that fashion.

Viacom- parent company of cable biggies MTV and Comedy Central- had originally claimed Cablevision was in violation of previous agreed distribution terms, and requested a hefty $2 million per violation of the agreement. Cablevision countered that subscribers should have the right to stream the content to the devices within their homes.

Despite the heated dispute, the companies seemingly managed to iron out their differences enough to compose a joint statement on the matter today, which read in part:

“In reaching the settlement agreement, Cablevision and Viacom were able to resolve the iPad matter and an unrelated business matter to their mutual satisfaction. Neither side is conceding its original legal position or will have further comment.”

Neither company alluded to what the “unrelated business matter” may have been, and neither indicated what if any further financial obligations Cablevision might conceded to secure the arrangement.