Sorry Time Warner subscribers, starting Thursday 12:01 am, Viacom stations including MTV, Nickelodeon, Comedy Central, and VH1 may be dropped from your cable channel line-up. Both companies will have until the stoke of midnight to resolve thier contract negotiations. And if left unresolved, the station blackout could affect 13.4 million subscribers across the U.S.
From Variety.com
“A Time Warner Cable spokeswoman said the two companies were continuing to negotiate and that Viacom had refused to grant an extension that would prevent the channels from going dark on New Year's Day.”
“Viacom said it is seeking modest fee hikes that would amount to less than 25 cents per subscriber per month for a three-year carriage agreement covering 19 of its 20 cablers. (Viacom's BET is covered by a separate contract.) Viacom emphasized that it has recently cut renewal deals with numerous other cable operators, but months of talks with TWC brass have led to an impasse between the media giants.”
“Viacom called the situation "another example of a cable company overreaching for profit at the expense of its viewers." TWC spokeswoman Robyn Watson countered that Viacom was seeking to triple the fees that TWC currently pays for the channels, which "would force our customers to foot the bill on that."
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From Variety.com
“A Time Warner Cable spokeswoman said the two companies were continuing to negotiate and that Viacom had refused to grant an extension that would prevent the channels from going dark on New Year's Day.”
“Viacom said it is seeking modest fee hikes that would amount to less than 25 cents per subscriber per month for a three-year carriage agreement covering 19 of its 20 cablers. (Viacom's BET is covered by a separate contract.) Viacom emphasized that it has recently cut renewal deals with numerous other cable operators, but months of talks with TWC brass have led to an impasse between the media giants.”
“Viacom called the situation "another example of a cable company overreaching for profit at the expense of its viewers." TWC spokeswoman Robyn Watson countered that Viacom was seeking to triple the fees that TWC currently pays for the channels, which "would force our customers to foot the bill on that."
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