Dish Network Wins Pittance in Breach-of-Contract Claim and 3 Media Titans on the Move

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Dish Network Corp. (NASDAQ:DISH): Closing price $34.70

A federal jury found the sports network ESPN liable for only one breach-of-contract claim made by Dish Network Corp. and awarded Dish $4.86 million, a small chunk of the $152 million it was hoping to be awarded. In a unanimous ruling, the 10-member jury in Manhattan found ESPN liable for breaching a 2005 licensing agreement by allowing rivals to pay lower rates for ESPN Deportes, a Spanish language channel, without presenting the same offer to Dish. This award comes at a time of increasing competition between distributors and program producers in the entertainment business.

The stock market is roaring back in 2013. Click here now to discover winning stocks!


More Articles About:

To contact the reporter on this story: To contact the editor responsible for this story:

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business