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Good morning. Today is Monday, September 9th. I'm Julie Morgan.

Direct TV files a complaint against Disney.

Big Lots is bankrupt and Panasonic is expanding in Japan.

Direct TV has filed a complaint with the U.S. Federal Communications Commission that claims

Walt Disney failed to negotiate in good faith and engaged in anti-competitive behavior.

The satellite television provider said Disney imposed unreasonable terms on renewing

the distribution agreement between the two companies.

Raiders reported that the demands include requirements on bundling and market

penetration that were ruled as unlawful by a federal court.

Direct TV also claimed Disney pushed for a fat bundle of channels that would force them to offer less popular programming,

while Disney offers less expensive skinnier packages to viewers.

A Disney spokesperson told Reuters that it continues to negotiate with

direct TV. The ongoing dispute has already led more than 11 million direct TV

subscribers to lose access to Disney's network brands including

ESPN just in time for football season.

Nexus capital management has agreed to buy all assets and ongoing business operations of Big Lots.

Big Lots together with each of its subsidiaries initiated voluntary Chapter 11 proceedings and will assess its operational footprint which will include

closing additional store locations. During and after this process big lots will continue to serve customers at their nearest store location or online.

In connection with the court supervised process, Big Lots secured commitments of $7. million dollars of financing.

The company listed its assets and liabilities in the range of 1 to 10 billion dollars

and showed creditors in the range of 5 to 10,000.

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