Dish Network has taken CNN, Cartoon Network, Adult Swim and half a dozen other Turner Networks channels off its program guide after reaching an impasse in program licensing renewal talks.
Barry Diller's IAC may have taken a write-down on Aereo, but he apparently hasn't turned the lights out at the struggling startup.
Aereo founder and CEO Chet Kanojia and other company executives met with FCC Chairman Tom Wheeler last week to express support for a rumored FCC ruling that would make it possible for some over-the-top video services to be considered as MVPDs (multichannel video programming distributors). It's a scenario that could see Aereo streaming broadcast signals to subscribers once again.
According to the story circulating around the cable industry, top Viacom executives were shocked--shocked!--when they called their Suddenlink counterparts at the eleventh hour on Sept. 30 and told them they were finally ready to talk turkey about a new carriage deal.
With the pay-TV industry starting to digest the news that Disney and Turner will triple the licensing fees they pay the NBA to around $24 billion over nine years, industry analysts and operators are asking the inevitable question: how are these massive programming costs going to get paid for?
Proving that it doesn't forsake all programming conglomerates, just Viacom, Suddenlink has inked a new carriage agreement with Discovery Communications.
As it grapples with its newfound fame as the poster child for small-to-midsize cable operators who have finally drawn the line on over-bundled programming deals, Suddenlink is also hearing a bit of chatter from forlorn subscribers who miss Viacom TV shows.
As its carriage impasse escalated into a selective blackout of Internet content, Viacom on Wednesday announced that it had renewed its affiliate agreement with Verizon FiOS. The agreement to carry 25 Viacom channels also includes multiscreen rights that will enable Verizon to put those networks on its FiOS mobile app starting in 2015.
Faced with rising costs for television content, some smaller cable and broadband operators are either dropping blocks of TV channels or dumping their pay-TV service altogether, offering only Internet and phone service to their subscribers, The Wall Street Journal reports. It's a falloff that could result in as much as $2.4 billion in lost revenue for cable networks--and an opportunity for the OTT segment.
Despite what Viacom describes as a last-minute decision to take Suddenlink up on its earlier proposal, the MSO has pulled the conglomerate's channels off its program guide, effective at midnight.