Viacom Inc has renewed its carriage contract with AT&T Inc, avoiding a blackout ...
- Viacom Inc has renewed its carriage contract with AT&T Inc, avoiding a blackout of MTV, Nickelodeon and Comedy Central for users of the telecom carrier’s pay TV service DirecTV, the companies said on Monday.
Viacom needed to resolve the AT&T contract before considering any other strategic moves including a potential tie-up with CBS Corp, sources told Reuters on Friday. “We are pleased to announce a renewed Viacom-AT&T contract that includes continued carriage of Viacom services across multiple AT&T platforms and products,” the companies said.
Such conflicts have become increasingly common as media companies consolidate and viewers shift from traditional pay TV services to streaming services such as Netflix Inc and Amazon.com Inc’s Prime Video.
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