Wednesday, July 18, 2012

“No Deal In Sight” To End Viacom Blackout On DirecTV



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It's been a week since DirecTV and Viacom's contract dispute resulted in nearly 20 million satellite customers staring at blank screens instead of MTV, Comedy Central, Vh1, Nickelodeon and several other Viacom-owned stations. Now the broadcaster is telling viewers not to get their hopes up for a quick resolution.


In a statement released Wednesday afternoon, Viacom claims that it "made a significant and comprehensive compromise proposal" last week that would have had all the channels restored by Friday morning. It says there have been further proposals made -- the latest was sent over to DirecTV last night -- but... "Unfortunately, DIRECTV has moved backwards significantly and created more obstacles to reaching an agreement."


"[I]t’s now clear that they have no intention of working with us to expedite a resolution and return our 26 networks to DIRECTV subscribers," the company writes.


However, Viacom says it will continue to work toward a resolution.


DirecTV has claimed that Viacom is asking for a $1 billion price increase on its bundle of channels, which includes some of the highest-rated cable networks but also several niche channels.




by Chris Morran via The Consumerist

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