Los Angeles Business Journal

DirecTV Close to Deal With Viacom

Wednesday, July 18, 2012

El Segundo’s DirectTV said it is closer to restoring 26 Viacom channels as contract talks between the two sides continue, Bloomberg News reports. The nation’s largest satellite-TV provider lost access to MTV, Comedy Central and other channels more than a week ago after it balked at Viacom Inc’s demand for a 30 percent rate increase.