Time Warner Lays The Smackdown On Viacom
 

A major bleeder here...though it's probably a temporary one.

Time Warner Cable subscribers that are fans of TNA Wrestling, The Colbert Report, Spongebob Squarepants or The Hills may have to ring in the new year without their favorite programs. Viacom channels, including MTV, Comedy Central, VH1, Nickelodeon, SpikeTV and 14 other networks appear set to go dark on Time Warner Cable systems at midnight Wednesday. Viacom is preparing to pull the channels as part of a license agreement renewal dispute between the two companies.

While the exact number of affected customers was not available at press time, the dispute will affect all of Time Warner Cable's top markets, including New York City, Los Angeles, Dallas-Fort Worth, Tampa-St. Petersburg/Sarasota (Brighthouse), Cleveland, Cincinnati and others.

Viacom asked Time Warner Cable for an increase of just under 25 cents per subscriber per month for carrying its 19 channels. The company justified the increase by saying its channels have been undervalued by Time Warner Cable. "Americans spend more than 20% of their TV viewing time watching our networks, yet our fees amount to less than 2.5% of what Time Warner generates from their average customer," said a Viacom statement.

While the percentage increase per channel Viacom is seeking was not provided, someone close to the matter pegged it in the low double digits.


-Yahoo.com

I love Comcast.

I watch Colbert on Hulu, anyway.

I second that motion. Though they do like to take away channels darn near every month...

All this will do is make people say, "Screw you Time Warner", and go get Direct TV or some other cable carrier. It USED to be that you could watch TV for free. Now we've got this digital turnover to give more power to the cable companies..

Just get a converter box and go on as usual. The only things I watch on cable are Family Guy reruns and Real Time With Bill Maher on HBO. Now I've got the Family Guy DVD's, so the moment I can find a way to get Bill Maher off the internet, I'm canceling the cable.

*loves DirecTV*

*wonders if he could actually survive sans cable, since most of the time he just watches movies or in some off cases TV shows on DVD.*

ok people, it's not gonna happen. They came to a deal.

Wow... ever since that CBS split, Viacom has become a real ass. First the Youtube stuff, which is totally understandable to an extent, now this. Talk about bad breakups, and taking it poorly.