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Friday, October 19, 2012

CBS REACHES CASH DEAL WITH RIVAL. From PR Newswire CBS Television Distribution, a division of CBS Studios, Inc., on the one hand, and Interactive Television and Gaming, LP formerly known as ComStar Media Fund, LP, Interactive Television and Gaming Networks, LLC formerly known as ComStar Networks, LLC and Family Net Management, LLC and Resolute Media Atlanta, LLC f/k/a Familynet, LLC announced today that they have reached an amicable settlement of their copyright and contract litigation involving the television shows "My Three Sons," "Happy Days," "Family Ties," and "Early Edition." "I am pleased that we have been able to reach an amicable resolution to this matter," said Robert A. Schuller, Chairman of Family Net Management. "We look forward to the opportunity to do business with CBS in the future." The financial terms are confidential.

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