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Friday, July 20, 2012
Viacom, DirecTV Reach Agreement, Renew Carriage of Viacom's Networks

Viacom and DirecTV said they reached an agreement to restore Viacom networks to the satellite TV provider's 20 million U.S. subscribers.

All 26 Viacom networks, including Nickelodeon, Comedy Central, MTV, BET, CMT, Logo, Spike, TV Land, MTV2, VH1, VH1 Classic, Palladia, Nick Jr., Nicktoons, TeenNick, Tr3s and Centric, will return to DIRECTV's channel lineup immediately. As part of the overall carriage agreement, DIRECTV has an option to add the EPIX service to its entertainment offerings.

"Viacom is extremely pleased to bring its programming back to DIRECTV subscribers, and thanks everyone affected by the disruption for their patience and understanding during this challenging period," the company said in a statement.

The two companies had been in talks over a new contract but could not agree on its terms before the July 10 deadline, leading to the blackout.

The companies did not disclose the financial terms of the new contract.

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