It’s All Downhill from Here: Viacom Threatens to Yank Programming off Time Warner Cable
Wednesday, December 31st, 2008
When I saw an announcement saying as much on my TV a few minutes ago, I jumped to the computer to figure out what the hell was going on.
Viacom's license agreement with Time Warner Cable, which serves 12.3 million homes in the U.S., is set to expire at midnight Wednesday. If no deal is reached, Time Warner must take the Viacom channels off its cable systems and use alternative programming instead. [...] Viacom said that it is asking for an increase of about 25 cents per month for the package of channels, which comes to about $3 a year per customer. Time Warner said that could trigger cable networks to demand higher fees… Read More
