11/23/13: Our contract negotiations continue with Viacom, owner of BET, Centric, CMT, CMT Pure Country, Comedy Central, Logo, MTV, MTV Hits, MTV Jams, MTV Tr3s, MTV U, MTV2, Nick Jr, Nick2, Nickelodeon, Nicktoons, Palladia, Spike, TeenNick, TV Land, VH1, VH1 Classic, VH1 Soul. This is a normal part of our business operations. Programming contracts come up periodically for renewal and Viacom’s deadline of December 31 at 11:59 p.m. ET is approaching. We want to assure our customers that the parties are working toward an agreement. Should Viacom choose to take its programming away from our customers, it is an unnecessary and EXTREME measure. Most channel owners put our mutual customers first and keep their channel on while an agreement is being reached.
It’s naïve to think that rising costs don’t ultimately affect the consumer. That's why we work hard to keep deals fair. Every year, new agreements are reached with TV stations and cable networks. Most of the time, you never hear about them. Sometimes, we are forced to take a stand to protect our customers and our business.
Sometimes during negotiations, programmers remove channels. This is an unnecessary and EXTREME measure that puts our mutual customers in the middle. Many channel owners do not disrupt our mutual customers while an agreement is being reached.
There is no need to switch providers. Every television provider is in the same boat, including satellite and telephone companies, when it comes time for contracts to be renewed. DirecTV, Dish Network and AT&T have had similar fights, and Verizon and other new providers will encounter the same situation as they renew their agreements.