April 24, 2014
LOS ANGELES (AP) - Time Warner Cable Inc. says it has reached a
deal with Viacom Inc. on carriage fees, avoiding a blackout of 19
cable channels including MTV and Comedy Central.
The two sides, citing disagreement over fee hikes, had
threatened a damaging blackout at midnight that would have cut off
shows such as "SpongeBob SquarePants" and "The Colbert Report"
to about 15.7 million subscribers.
Shortly after agreeing to extend a midnight deadline by an hour,
Time Warner Cable spokesman Alex Dudley said the sides agreed on a
Details of the deal were not immediately available.