Viacom, DirecTV reach deal, end blackout
Friday, July 20, 2012 2:47 PM
Viacom Inc. and DirecTV announced they have reached a deal Friday morning, allowing Viacom's programming to immediately return to the satellite TV service, CNNMoney reported.
The agreement ends a dispute over fees that had interrupted programming since July 10. Viacom blacked out channels including Nickelodeon, Comedy Central, MTV, Spike and VH1 for 20 million customers of DirecTV.
The companies did not provide a dollar figure on Friday for their new deal, but CNNMoney reported that Nomura analyst Michael Nathanson published a note saying he believes that Viacom got a sizeable fee increase from DirecTV.
"We estimate Viacom implied domestic affiliate payment per household is in the area of $2.80 and DTV's old deal was in the area of $2.25 per subscriber per month," Nathanson wrote