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Cablevision and Viacom Resolve Litigation

BETHPAGE, N.Y. & NEW YORK--(BUSINESS WIRE)--Cablevision Systems Corporation (NYSE:CVC) and Viacom (NASDAQ: VIAB, VIA) announced today that the two companies have resolved the antitrust litigation between them related to a 2012 carriage agreement between the companies, and that they are simultaneously entering into mutually beneficial business arrangements. Details of the settlement and arrangements were not disclosed.