The Bloomberg TV news channel recently filed a complaint with the Federal Communications Commission accusing Comcast (Nasdaq: CMCSA) of violating the regulatory conditions of its NBCUniversal deal by not allowing the Bloomberg channel to be placed near competitor CNBC on its cable systems. Now, Comcast has responded with its own complaint, accusing Bloomberg of trying to get preferential treatment.
At the center of the dispute is what constitutes a "neighborhood" of similar TV channels, and to what extent Comcast should be required to place similar channels adjacent to one another. However, given that Comcast now owns CNBC, the challenge is not surprising, and we should expect more of the same.
- check out this Los Angeles Times story
Bloomberg and Comcast recently exchanged barbs
Bloomberg made its initial accusation in May