» Twenty percent of their settlement, down the toilet: Sure, the prize that the Winklevi could win from Mark Zuckerberg and company could possibly be massive — in the billions, even — but the thing is, they’re already rich and they’ve wasted much of their “I’m rich” money on courtrooms and lawsuits. Perhaps not the most efficient way of spending the money? Maybe.
The question becomes, how long is it going to last and who’s going to blink first?BTIG media analyst Richard Greenfield • Regarding Cablevision’s dropping of local Fox network stations from its lineup in a financial dispute. Who gets hurt when giant media companies fight over stupid crap like money? Sports fans, of course. If this isn’t resolved by Sunday, they could lose a number of football games. If it’s not settled by tonight, they could lose game one of the NLCS – especially problematic because the Philadelphia Phillies are in the series and Cablevision covers mostly Philly and NYC. We know you babies love being right and winning a war over money, but most people don’t like being inconvenienced. source (via)