Viva Entertainment Group Inc (OTTV)

[TheFinalCD]

Big Programmers & Studios Bring Hammer Down on Omniverse

https://www.lightreading.com/video/ott/big-programmers-and-studios-bring-hammer-down-on-omniverse-/d/d-id/749506

Some Omniverse partners already considering options
A bad result at the court could spell doom for those services or at least be extremely problematic and cause them to seek out alternatives.

Johnny Falcones, chairman and CEO of Viva Entertainment, said via email that his company does have a plan for dealing with the Omniverse lawsuit. When asked to elaborate, he added that it's "early" into that process and that the company is "doing our homework."

Last year, Viva Entertainment revealed in Securities and Exchange Commission (SEC) filings that it has a content and technology services agreement with Comcast Technology Solutions . There's no evidence yet to suggest that this agreement does or could later include distribution rights to TV programming. A source from Comcast familiar with the arrangement with Viva Entertainment said the agreement is more tech-focused for elements like video streaming service "workflows." (See What Is Comcast Doing With VivaLiveTV? )

"We are still evaluating the current situation and will be in a position to comment in the near future," Clikia CEO David Loflin told Light Reading when asked for comment on the lawsuit.