VIACOM/TCI MAY BE CLOSE TO SETTLING LITIGATION
TCI and Viacom reached a "prelimary agreement to settle
ongoing litigation" between the two companies. The possible
settlement hinges on a "new affliation agreement that covers"
TCI's long term carriage of two Viacom cable channels -- Showtime
and The Movie Channel. Viacom had filed suit against TCI in
September, claiming TCI "engaged in anti-competitive behavior" in
trying to force the networks into a pay television service
controlled by TCI. The specifics of the agreement were not
announced (BLOOMBERG NEWS SERVICE/N.Y. POST, 1/25).