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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV

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To: dwight martin who wrote (5767)8/2/1999 1:17:00 AM
From: dwight martin  Read Replies (2) of 13157
 
broadcastingcable.com

DAILY BRIEFING
Source faces more legal woes

Local-content, interactive program guide developer Source Media faces new legal battles following the meltdown of its joint venture with TV Guide Inc. TV Guide disclosed last week that Source allegedly violated Canadian intellectual property laws and that the joint venture was on hold until the issue could be resolved. Source fired back, saying it was pulling out of the deal with TV Guide to do a similar deal with cable operator Insight Communications. In the ensuing battle of the press releases, TV Guide accused Source of breach of contract while hinting strongly it will sue Source. {MORE}
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