Viacom, Cablevision Settle iPad Streaming Suit

In what could be described as a streaming contest, Viacom and Cablevision have been legally sparring for weeks over how to divvy up the rights to control streaming video on iPad apps. Now the corporate giants have settled their differences out of court. In a joint statement, the companies announced that Cablevision will be allowed to stream Viacom channels, including MTV and Comedy Central, over iPads located inside cable-subscribing homes.

The Wall Street Journal (subscription required) reports the companies did not release the terms of the settlement, but they also resolved an unrelated, unnamed business matter.

“Neither side is conceding its original legal position,” the companies said in perfect harmony in that statement. Viacom and Cablevision have agreed to disagree that their disagreements — double-secret or otherwise — aren’t significant enough to spoil their agreements to disagree. Or something like that.

Viacom, Cablevision Settle Dispute Over iPad Streaming [The Wall Street Journal (subscription required)]