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Viacom channels are off DirecTV systems

By Associated Press

LAST UPDATED: 07:29 a.m. HST, Jul 11, 2012

NEW YORK >> DirecTV subscribers are losing access to "The Daily Show" and "SpongeBob SquarePants."

DirecTV Group Inc. stopped carrying channels owned by Viacom Inc. because of a contract dispute. They include MTV, Nickelodeon and Comedy Central.

The dispute is over how much DirecTV should pay to carry the Viacom programming. The two companies blamed each other for the shutdown.

Viacom and DirecTV have had an agreement for seven years, which Viacom says meant that it has been paid below-market rates for the programming. DirecTV, meanwhile, says Viacom is asking for too much money.

DirecTV has 20 million U.S. subscribers.

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Songoboy wrote:
Did Hearst and Time Warner start something? Here we go......
on July 11,2012 | 08:27AM
JBS wrote:
No they didn't start it. This has been happening for quite a while on the TV content vs delivery service front.
on July 11,2012 | 12:15PM
nodaddynotthebelt wrote:
It is certainly a trend. And given the increasing costs of everything, it will continue for a while. For example, Coke Bottling Company demanded a higher price for their products from Costco. Costco basically said, "No, we cannot sell Coke at the price you are demanding. Our customers are looking for value." And so Coke was out the door. Good for them.
on July 11,2012 | 01:56PM
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