A cable provider has dropped Viacom’s channels amid a dispute over fees. Bloomberg reports that the cable company, Suddenlink, has 1.4 million residential customers.
Suddenlink said in a statement that Viacom is demanding an almost 50% hike in programming fees. The audience for Viacom’s main networks has declined recently, the story says.
The article adds: “Viacom in a statement accused Suddenlink of rejecting its own proposal and said its networks attract the greatest share of viewing of any cable programmer. Viacom said it would accept for one year an offer Suddenlink made last week.”
A statement posted by Suddenlink, dated Sept. 30, says: “Suddenlink has had considerable success in reaching new agreements with the likes of AMC, Fox, Turner, Disney, Discovery, and many other channel owners. However, despite our repeated requests for Viacom to reconsider, Viacom rejected every offer Suddenlink made and then removed its channels.”