• Most Popular
  • Most Shared

Televisa, Univision headed back to court in royalty case

Thu Sep 4, 2008 6:54pm EDT

Stocks

   

LOS ANGELES, Sept 4 (Reuters) - Spanish language broadcaster Televisa (TLVACPO.MX)(TV.N) and its partner Univision Communications Inc are headed back to federal court for a trial over royalty payments, court documents showed.

Stocks  |  Global Markets

The Los Angeles trial judge ordered the two sides to file jury screening instructions by Sept. 8 for a trial set to commence on Oct.14, according to court documents filed on Friday.

The trial has been postponed twice from its original start date last spring, prompting analysts and legal observers to conclude that the two companies were trying to end the three-year old dispute out of court.

Attorney Marshall Grossman, who represents Televisa, said on Thursday that "there are no substantive settlement discussions pending and it is anticipated the case will go to trial as scheduled."

An attorney for Univision could not be reached for comment.

Televisa sued in 2005 demanding royalty payments it said Univision had withheld as part of a programming deal that expires in 2017. (Reporting by Gina Keating; editing by Carol Bishopric)



More from Reuters

visits a condominium for sale with her real estate agents in Somerville, Massachusetts April 2, 2009.  REUTERS/Brian Snyder

On shaky ground

The bubble has burst and the economy is bottoming out. So why are Americans still hesitant to buy new homes?  Full Article 

A call centre personnel uses a calculator as she answers a call from a investor at an online brokerage company in Tokyo October 23, 2008. REUTERS/Yuriko Nakao

The relentless investor

Ever the contrarian, fund manager Maura Shaughnessy finds ways to make money amid the market meltdown -- even if it means kicking executives in the shin.  Full Article