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At the end of the year, Time Warner Cable (along with partner Bright House Networks) and Viacom's MTV Networks could not come to terms for the renewal of any Viacom channel beyond the end of year. [ 24 ] [ 25 ] Time Warner Cable's operations include New York City and Los Angeles, with Bright House including the Tampa Bay and Orlando markets ...
On August 27, 1985, Warner sold 31% of MTV Networks to Viacom, with Warner also selling 19% of its Showtime/The Movie Channel, Inc. joint to Viacom as well. [5] [6] In November 1985, Viacom announced that it had plans to buy the remaining 69% of MTV Networks from Warner for $326 million, [7] and the acquisition was completed on May 20, 1986. [8]
On December 31, 2008, Time Warner Cable and Viacom's MTV Networks had not agreed to renew any Viacom channel beyond the end of year. Therefore, Time Warner Cable and Bright House Networks would have lost all 19 Viacom channels (including MTV, Comedy Central and Nickelodeon) starting on January 1, 2009.
On December 31, 2005, American mass media company Viacom split into two companies: the second CBS Corporation, its successor (the first being a short lived rename of Westinghouse Electric) which held the namesake flagship channel CBS, CBS News, CBS Sports, Showtime Networks, UPN (merged with The WB to form the CW, co-owned by Time Warner), Smithsonian Channel, Channel 10, PopTV, Simon and ...
Viacom for so long was a lumbering basic cable TV battleship that could never seem to turn around its once-marquee channels no matter how many management changes were implemented.
In 1985, Viacom acquired Showtime/The Movie Channel, Inc. from Warner-Amex, ending the joint venture. Around the same time, Viacom bought MTV Networks, which owned MTV, VH-1, and Nickelodeon. [30] This led to Viacom becoming a mass media company rather than simply a distribution company, and completed in 1986.
Some proponents argue the Internet has killed the TV, but companies like Time Warner (NYS: TWC) are not ready to give up without a fight. Time Warner, among America's largest TV service providers ...
By Liana B. Baker (Reuters) - Cablevision Systems Corp (CVC) has accused Viacom Inc (VIA) in an antitrust lawsuit of forcing it to pay for more than a dozen low-rated cable networks in order to ...