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#1 |
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RIP, I'LL NEVER FORGET YOU :(
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Forum Superstar Join Date: Jul 13, 2003
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DirecTV Set to Drop 26 Viacom Channels
DirecTV is set to drop 26 Viacom channels, including Nickelodeon, MTV, Comedy Central, BET, VH1, CMT, Spike TV and TV Land, at midnight on Tuesday after the media conglom said the satcaster ''rejected all of our proposals to renew our agreement.''
The development is shocking, potentially hitting one of the most powerful network groups in the nation, but comes after a dramatic dip in Nickelodeon ratings and an increasingly hard line by video operators against fee increases. Viacom said it accounts for 20% of DirecTV viewing and less than 5% of its fees. ''DirecTV provided Viacom with a counter proposal that included a lower rate than Viacom receives from any other distributor in the industry. With this offer, our negotiations have reached an impasse,'' Viacom said. It said it has been negotiating for months and offered DirecTV an extension past the agreement's original June 30 expiration date. As recently as Monday, it said it had made significant economic movement in direct conversations with DirecTV. The expired deal is seven years old, ''ancient by the standards of the ever-evolving media industry, which means that DirecTV has enjoyed way below market rates for Viacom's networks for a very long time.'' http://www.variety.com/article/VR1118056385 |
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#2 |
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Since I'm not a fan of Pay-TV companies or criminal outfits like Viacom etc... I hesitate to to take sides here. I'll just mention 2 things.It's probably the same ole' con game and they'll reach an agreement and resign Viacoms worthless channels.--In the unlikely event that they do not give in to Viacom,I say GOOD.Viacoms channels and many other Pay-TV channels for that matter have no business being on the air period.
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Last edited by LUNCH; 07-10-2012 at 03:45 PM. |
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#3 |
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As I read this, the One Percenters who own Viacom want to QUADRUPLE the fees they charge Direct TV. Naturally these costs would be passed on to subscribers, in the form of higher prices. Of course, this will only increase the number of people who have already cancelled their subscriptions to Pay-TV. I see the Hand writing on the wall folks, collapse is imminent !
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#4 |
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23 Years at Sitcoms Online
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The only channel of those I was is TV Land and only because of Hot in Cleveland. I get sick and tired of these Satellite and Cable companies and these networks holding the American people hostage.
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#5 | |
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#6 | |
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23 Years at Sitcoms Online
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#7 | |
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#8 |
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Given the state of the economy I would think the customer will balk at a rate hike like what is being described. I say drop them, without the carrier they have no way to get their commercials seen and Viacom will lose money if DirectTV holds out. I can't think of anything on those channels I would miss and a rate hike to keep them seems to defy logic. As the prior post said we pay to get the channels then watch commercials on top of it, let Viacom choke on losing both.
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#9 |
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The two will reach a deal at the last minute, customers will get a fee increase, and no one will care. It happens all the time.
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#10 | |
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#11 |
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I cancelled DirecTV over 10 years ago,They still send me brochures in the mail, " We miss you ".
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#12 |
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Fair is fair.....while we may not watch all those channels, it's quite a bit to be removed and IF we lose them, Direct TV should lower our cost. I know they won't and don't promise us anything but it would be only be fair and just.
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#13 | |
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RIP, I'LL NEVER FORGET YOU :(
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#14 | |
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23 Years at Sitcoms Online
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#15 |
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I love a mystery
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I don't watch any of those channels but if they are removed DirecTV should reduce their prices. They're already removing channels and putting them into the more expensive packages.
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