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Viacom and Direct TV end fee dispute, restoring services to 20m viewers.
(From Guardian Unlimited)
Media giant Viacom has restored Jersey Shore, Spongebob Squarepants and comedian Jon Stewart to 20m viewers cut off earlier this month after a dispute over fees.
The media firm said Friday it had settled the acrimonious dispute with satellite TV firm DirecTV that had led to the loss of 17 Viacom channels for DirectTV subscribers. Terms of the deal were not disclosed.
DirecTV customers lost access to channels including MTV, Comedy Central and Nickelodeon on July 10 as the two companies haggled over how much DirecTV should pay Viacom. DirecTV had said Viacom had requested a 30% increase in carriage fees, equal to $1 billion over …
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