Printed from http://www.electronista.com

Viacom threatens to pull channels off Time Warner

updated 11:50 am EST, Wed December 31, 2008

Viacom vs. Time Warner

As soon as January 1st, a number of Time Warner cable subscribers could find themselves without some of the most popular TV channels, writes the LA Times. Viacom -- which owns networks such as Nickelodeon, Comedy Central and MTV -- has threatened to withdraw its programming should it be unable to reach a new contract agreement with Time Warner by midnight of December 31st. "We've been attempting to negotiate in good faith but they seem to taken it to the brink," claims Viacom CEO Philippe Dauman.

If no new contract can be reached, some 12.3 million homes around the US will be forced to find alternatives for watching some of the best-rated shows in the country, such as The Colbert Report and The Hills.

A spokesman for Time Warner, Alex Dudley, suggests that Viacom is trying to push for higher fees as a means of compensating for lower advertising revenues. "They are holding our customers hostage for a bunch of networks with sagging ratings and only one or two good channels," says Dudley. "We have to hold the line for our customers."

While Viacom is in fact asking only for an extra 25 cents per month, per customer, Time Warner claims that the impact could force an increase as high as $30 to each subscriber's annual bill.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

IDrive cloud backup and sync service

There are a lot of cloud services out there, and nearly all of them can be used for backing up key files and folders. A few dedicated ...

Asus Chromebook C300

When Chromebooks hit the market back in 2011, consumers didn't know what to do with them. The low-cost laptops, powered by Google's Ch ...

Plantronics BackBeat Pro Bluetooth headphones

Looking for a pair of headphones that can do everything a user requires is a task that can take some study. Trying to decide on in-ear ...

Sponsor

toggle

Most Commented

 
toggle

Popular News