There was good news on two fronts this week for direct broadcast satellite (DBS) operator DISH Network. On Sunday, DISH settled a retransmission dispute with LIN Media with the signing of a new carriage contract that restored to DISH subscribers LIN broadcast network signals that were cut off on March 5. That development was followed by a New York bankruptcy court’s decision on Tuesday to approve a revised agreement through which DISH would acquire the assets of bankrupt mobile satellite services (MSS) provider DBSD North America for $1.5 billion.
Filed under:
USA, New York, Insolvency & Restructuring, Litigation, Media & Entertainment, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Bankruptcy, Unsecured debt, Subscription business model, Direct-broadcast satellite, Federal Communications Commission (USA), Fox Broadcasting Company, Time Warner, Dish Network, Cablevision, United States bankruptcy court
Authors:
Location: