LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » World News

Viacom, Charter agree to network deal for basic package - source

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Updated: Wed, Oct 18, 2017
11:37 pm
Reuters
RELATED NEWS
Monetary Policy announcements exhibit continuity and stability - Expert Ajay Bagga tells Anil Singhvi Monetary Policy announcements exhibit continuity and stability - Expert Ajay Bagga tells Anil Singhvi
RBI Monetary Policy Review: Shaktikanta Das led panel keeps policy rates unchanged RBI Monetary Policy Review: Shaktikanta Das led panel keeps policy rates unchanged
Infosys Chairman Nandan Nilekani on India's Digital Economy I Kotak Institutional Equities highlights details Infosys Chairman Nandan Nilekani on India's Digital Economy I Kotak Institutional Equities highlights details
Digital economy to outpace GDP growth, will result in 'competitive advantage period' for leaders in digital space highlights ICICI Securities Digital economy to outpace GDP growth, will result in 'competitive advantage period' for leaders in digital space highlights ICICI Securities
#GSTMakeItEasy: Facing GST related issues? Big initiative by Zee Business - Tweet your problems now! Check all details here #GSTMakeItEasy: Facing GST related issues? Big initiative by Zee Business - Tweet your problems now! Check all details here

Viacom Inc and Charter Communications have agreed to a deal that would see eight of Viacom`s networks included in the least expensive package of Charter`s Spectrum cable service, a source told Reuters on Wednesday.

Under the deal, which has not been finalized, five of Viacom`s six flagship networks - MTV, Nickelodeon, Comedy Central, Paramount Network and BET - would be in Spectrum`s basic package for U.S. households, according to the source, who wished to remain anonymous because the discussions are confidential.

The other three channels included would be VH1, TV Land and CMT.

Having its most popular networks in the least expensive cable bundle on Spectrum means more audience and revenue for Viacom, which like its peers, is struggling to keep viewers as people increasingly watch shows on smartphones and tablets.

Viacom`s other networks, including flagship channel Nick Jr, would feature in the more expensive Spectrum packages.

Viacom declined to comment. A Charter spokeswoman did not return a request for comment.

Charter and Viacom agreed in principle on Tuesday night to the deal, which would see Viacom`s networks remaining accessible to 16.6 million households.

Viacom chief executive Bob Bakish, who took on the role last year, has made improving relations with distributors a key part of his turnaround strategy for the company.

Six of the largest U.S. pay-TV providers lost a total of 723,000 subscribers during the second quarter.

Of that total, Charter reported 90,000 subscriber losses.

An agreement between the two companies would be "mutually beneficial," wrote Evercore ISI in a note on Sunday.

Having Viacom content helps Charter add video subscribers at a time of increasing competition from virtual streaming services like Hulu and DirecTV Now, while Viacom is still heavily dependent on cable and satellite companies for distribution, according to Evercore ISI.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Economy
RELATED NEWS
Monetary Policy announcements exhibit continuity and stability - Expert Ajay Bagga tells Anil Singhvi Monetary Policy announcements exhibit continuity and stability - Expert Ajay Bagga tells Anil Singhvi
RBI Monetary Policy Review: Shaktikanta Das led panel keeps policy rates unchanged RBI Monetary Policy Review: Shaktikanta Das led panel keeps policy rates unchanged
Infosys Chairman Nandan Nilekani on India's Digital Economy I Kotak Institutional Equities highlights details Infosys Chairman Nandan Nilekani on India's Digital Economy I Kotak Institutional Equities highlights details
Digital economy to outpace GDP growth, will result in 'competitive advantage period' for leaders in digital space highlights ICICI Securities Digital economy to outpace GDP growth, will result in 'competitive advantage period' for leaders in digital space highlights ICICI Securities
#GSTMakeItEasy: Facing GST related issues? Big initiative by Zee Business - Tweet your problems now! Check all details here #GSTMakeItEasy: Facing GST related issues? Big initiative by Zee Business - Tweet your problems now! Check all details here

LATEST NEWS

Odisha Board Exam 2021 News: Class 10 class 12 board exams POSTPONED, class 9 and 11 students to get PROMOTED WITHOUT EXAMS

Anil Singhvi’s Strategy April 16: Day support zone on Nifty is 14,450-14,500 & Bank Nifty is 31,500-31,800

HDFC Securities pegs 14800 target on Nifty, Immediate support is at 14520

LIC wage revision: Employees to get over 25% wage hike, five day week and other benefits - All details here

SIP stock with Anil Singhvi: Market Guru gives 5 reasons why you should have this stock in your portfolio

Samsung Galaxy M42 5G India launch date REVEALED; Check expected price, specifications and more

New Covid 19 office guidelines for central government employees: Check fresh notice by MHA

Telangana SSC Inter Exams News: Class 10 SSC exam CANCELLED, Class 12 inter exam POSTPONED in the state - check all details here

Anil Singhvi decodes key levels of FIIs are Buying and Selling; EXPLAINED

Delhi curfew e-pass update: Apply for wedding e-pass on delhi.gov.in website, timings and more

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved