<i>Updated</i> Agreement Reached in Time Warner Viacom Dispute
Save Email Print
Updated: 8:51 AM Jan 1, 2009
Updated Agreement Reached in Time Warner Viacom Dispute
Lincoln, NE
Time Warner Cable Inc. says it has reached a deal with Viacom Inc. on carriage fees, avoiding a blackout of 19 cable channels including MTV and Comedy Central.
Posted: 8:50 AM Jan 1, 2009
Reporter: Associated Press & KOLN/KGIN
Email Address: desk@kolnkgin.com
Font Size:

Time Warner Cable Inc. says it has reached a deal with Viacom Inc. on carriage fees, avoiding a blackout of 19 cable channels including MTV and Comedy Central.

The two sides, citing disagreement over fee hikes, had threatened a damaging blackout at midnight Wednesday night that would have cut off shows such as "SpongeBob SquarePants" and "The Colbert Report" to about 15.7 million subscribers.

Shortly after agreeing to extend a midnight deadline by an hour, Time Warner Cable spokesman Alex Dudley said the sides agreed on a new contract.

Details of the deal were not immediately available.

Viacom was threatening to pull MTV, Comedy Central and Nickelodeon and 16 other channels from Time Warner Cable if a new carriage fee deal is not agreed upon by midnight Wednesday.

Viacom has asked for fee increases of between 22 and 36 percent per channel, adding up to tens of millions of dollars per year, an amount that Time Warner says would cause an increase in customers' cable bills. But Viacom contends that the increases would cost less than 25 cents a month per subscriber.

Ann Shrewsbury with Time Warner Cable in Lincoln said, "MTVs demands are outrageous and would force our customers to pay millions of dollars more per year. MTVs networks are not worth so much more today than they were yesterday, especially given the fact that their ratings are mostly declining in recent years."

"Weve successfully negotiated hundreds of programming agreements with other cable networks, many within the last few months," Shrewsbury said. "Our hope is that we will come to an agreement with MTV Networks that is fair to our customers."

Here are the Lincoln channels that were in jeopardy were:

Nickelodeon/Nick at Nite
MTV
VH1
Spike
TV Land
Comedy Central
Noggin
MTV2
VH1 Classic
Logo
Nick Too
Nicktoons
The N


Latest Comments

Posted by: Mel Location: West of Lincoln on Jan 1, 2009 at 06:19 PM

This happened to us about 4 years ago! We lost all of our channels. I now have dish network & never had problems. Something needs to be done with these large corporate pigs!
[ Report Abuse ]
Posted by: Big Al Location: lincoln on Jan 1, 2009 at 12:12 AM

Weather you like these channels or not anytime you lose something its not a good thing. Alot of those are kids channels without them theres basically no childrens channels on TWC . TWC is way overpriced to start with. My cable bill in the chicagoland area was less than $40 a month here for the same thing it $80. Funny part is I had TWC there too!!! They have the attitude that satelite is not a serious competitor. I actually had my cable installer say this to me.
[ Report Abuse ]
Posted by: Wendy Location: Columbus on Dec 31, 2008 at 11:12 PM

Every month we question weather or not cable is worth the money as it is right now. If we lose channels like nick and noggin we may as well as get rid of it all together. Our TV is on these two channels most of the time. If we do decide to get rid of cable we will probably drop digital phone too. I can't believe that at a time of economic decline any major company would consider raising the cost of any service. It seems that this may just be the reason for many families to decide they can't afford this luxury and just learn to live without. It will be intresting to see if our rates decrease without these channels availble to us. We may be chatting with the dish companys soon looking for a better deal!
[ Report Abuse ]
CarStar
Search for gas prices by US Zip Code
Gasoline Prices.