For over two weeks now, failed retransmission negotiations between AT&T and Nexstar Media Group…
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TV Blackouts Reconfirm Need for Free Market Regulatory Reform

For over two weeks now, failed retransmission negotiations between AT&T and Nexstar Media Group have deprived customers across the United States of 120 Nexstar television stations in 97 markets.

That's unfortunately something to which far too many Americans have become accustomed recently, as 2019 has already witnessed more TV blackouts than any year in history.  And the news only gets worse:  CBS is now warning that stations in numerous major markets, including New York, Los Angeles, Chicago, Philadelphia, Dallas and others, could be blacked out as this week concludes.

Here's the overarching problem.  Current laws dating all the way back to 1992 empower the federal government to pick TV market winners and losers by tipping the scales during negotiations.  Those laws governing what…[more]

July 18, 2019 • 08:58 pm

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Jester's CourtroomLegal tales stranger than stranger than fiction: Ridiculous and sometimes funny lawsuits plaguing our courts.
Home Jester's Courtroom I’m with the Band
I’m with the Band Print
Thursday, May 02 2019

James Dolan, CEO of Madison Square Garden (“MSG”) company, is being sued by a group of shareholders who claim he is overpaid, only works part-time, and spends too much of his time with his band, JD & the Straight Shot band. MSG company owns 14 brands, including the Knicks, the Rangers, Radio City Music Hall and the Rockettes.

According to news reports, the lawsuit argues Dolan allegedly made more than $75 million over a three-year period, far in excess of MSG’s peer companies, yet Dolan traveled and performed “extensively domestically and internationally” with his band. “By comparison, MSG’s peer companies paid their CEOs an average of $17 million for the same three-year period. The highest-paid peer CEO received $32.4 million, over $43 million less than James,” the complaint stated.

MSG says the lawsuit has been brought by a trust owned by one shareholder. In a statement issued by the company, MSG countered, “This lawsuit amounts to nothing more than corporate harassment. The company stands by its policies and practices.”

Source: nydailynews.com

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