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Jun 22, 2007

For legal peace, KOCE pledged channel to Daystar

KOCE will give religious broadcaster Daystar Television Network one of its DTV multicast channels in exchange for Daystar dropping its persistent litigation to gain control of the channel that the public TV station bought in 2003. KOCE and Daystar yesterday swore not to disclose the terms of their mediated settlement, but the Los Angeles Times cited a description from "a source familiar with the settlement." [Attribution corrected.]