Not only do they finally have a jury, lawyers presented opening arguments today in AMC Networks’ $2.5B breech of contract suit against Dish Network. And lawyers representing AMC seemed to draw blood by “repeatedly highlighting Dish’s systematic, bad faith, year-long destruction of evidence during the critical stages of this dispute,” says Susquehanna Financial Group’s Thomas Claps, who’s tracking the proceedings. He says that this “will be impactful in determining the outcome of the case.” The trial will determine whether Dish had the right in 2008 to terminate its 15-year deal to air the VOOM Networks suite of HD channels. The defunct channels, formerly owned by Cablevision, were packaged with AMC when the cable company spun off the network operation this year. Dish’s contract with VOOM required backers to spend at least $100M a year on the channel. The big question is whether spending devoted to overhead and for overseas activities should count. AMC says it should; Dish says it shouldn’t — which would mean VOOM fell short of the $100M threshold. On Monday jurors likely will hear Cablevision founder Chuck Dolan’s side of the story.
AMC Networks Charges Dish Network With “Bad Faith” In Day 1 Of VOOM Trial
What's Hot on Deadline
'X-Men: Apocalypse' Now At $82M+, 'Alice' Taking A Spill With $40M Over 4-Day Memorial Day Holiday - Friday PM Update
Sequel To Cult Sci-Fi Pic 'The Man From Earth' A Go With Vanessa Williams, Sterling Knight Among Cast
Latest Business News
- Indie Producers Say They're Getting Shortchanged By California's Tax Incentives Program
- ‘American Psycho’ Will Close On Broadway Before The Tony Awards At $8.8M Loss
- Viacom’s Battle With Sumner Redstone Could Hurt Credit, S&P Says
- Court Sets June Date For Philippe Dauman’s Case Against Sumner Redstone
- Lionsgate Joins Fox, Par & Uni In Nixing Exhibitor Clearance Requests: What Does This Mean For The Biz?
- Viacom Renews And Expands Carriage Deal With Cox Communications