There’s more to Cablevision’s $1 billion channel bundling battle with Viacom than meets the eye. Many on Wall Street, skeptical of Dolan’s chances of success, think the legal volley was launched as a way for the executive to deal with a myriad of other issues hampering the company.
Viacom Inc.’s Philippe Dauman criticized Cablevision Corp. today for filing an “ill-advised and frivolous” antitrust lawsuit against the media company, in a dispute he said would just turn into a waste of legal fees.
