Starz Files Petition to FCC to Intervene in Fight with Altice
Cable and satellite entertainment company Starz filed a petition, asking the FCC to step in to resolve a fight with Altice. Axios Media Reporter Sara Fischer explains what this means for the telecommunications space.
"It's unusual. The FCC typically doesn't like to intervene in this type of argument. They want to leave it to the companies themselves," explains Fischer. "But what Starz is arguing that Altice is not upholding rules FCC puts in place with how you treat consumers in this battle."
Fischer says this feud is especially messy because of the amount of steps that have ensued in Starz trying to restore its distribution on Altice.
Multiple activist investors have taken stakes in Salesforce, according to reports from several outlets, spurring speculation that the tech firm could soon face additional pressure to increase margins and trim payrolls.
