Spectrum Customers May Lose MTV, Nick, More Channels in Contract Dispute

 

By Geoff Herbert

Spectrum cable customers may lose several TV channels due to a contract dispute, Viacom Inc. warned Wednesday.

Reuters reports Viacom says it's made a series of offers to Charter Communications, Spectrum's parent company, but cannot meet Charter's "unreasonable" demands. As a result, carriage of Viacom channels like MTV, Comedy Central and Nickelodeon could be dropped if a deal isn't reached by this weekend.

"While we're making every effort to reach a new deal, Charter's actions may force a disruption in Spectrum subscribers' service," Viacom said in a statement. "Despite our efforts, Charter continues to insist on unreasonable and extreme terms that are totally inconsistent with the market. While we're making every effort to reach a new deal, Charter's actions may force a disruption in their service."

A person familiar with the situation told Reuters that the current agreement between Charter and Viacom will expire Oct. 15. 

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Source: syracuse.com (via The Empire Report)