ANIMATION HONORS: 3net Studios President & CEO Tom Cosgrove, whose 4K original series Space: Unraveling the Cosmos won “Best Documentary” poses with DreamWorks Animation CEO Jeffrey Katzenberg, who was on-hand to accept the Harold Lloyd Filmmaker Award at The International 3D & Advanced Imaging Society’s Awards Gala Tuesday night at Warner Bros Studios.
December 7, 2011
Cablevision Sues Verizon Over High-Speed Internet Ads
Cablevision Systems has filed a lawsuit in Federal Court seeking an end to a Verizonâ€¨ advertising campaign, which it claims makes intentionally false and misleading statements â€¨related to Cablevision's high-speed Internet service. Cablevision issued the following announcement:
"The FCC recently reported that Cablevision is delivering substantially faster Internet speeds than Verizon's ads claim they are. In fact, Cablevision's average download speeds are in excess of 90 percent of advertised broadband speeds during peak hours of use, and are above 100 â€¨percent of advertised speeds on a 24-hour basis. Despite being fully aware of these facts, Verizon has refused to stop running its ads.â€¨â€¨ Despite extensive communication between Cablevision and Verizon, and Verizon's knowledge that the advertising is false, the phone company has continued its campaign on television, radio, print, in direct mail and on its website. The complaint contends that in doing so, Verizon is knowingly misleading consumers."â€¨â€¨
Cablevision has filed the lawsuit seeking immediate relief in the U.S. District Court for the Eastern District of New York.