Viacom says talks with DirecTV “moving backwards”

Money.CNN.com is featuring an article noting that Viacom has stated that current talks with DirecTV are not progressing and even getting worse.

“It’s now clear that they have no intention of working with us to expedite a resolution, DirecTV has moved backwards significantly and created more obstacles to reaching an agreement.”

DirecTV has responded to the comments as well.

“They made a proposal last night for our carriage of the 17 channels they pulled from DirecTV and we accepted all material terms for those channels including an increase that was more than fair. We are ready to close this deal at anytime and restore those channels to our customers. Viacom insists that we carry the EPIX channel at an additional cost of more than half a billion dollars. We know our customers don’t want to pay such an extreme price for an extra channel, they simply want the ones they had returned to them.”

Total
0
Shares