The Traderszone Network

Published in TZ Latest News 15 May, 2017 by The TZ Newswire Staff

Nobody Wants to Pay for MTV and Comedy Central

Viacom (NASDAQ: VIAB) can’t seem to keep its cable channels in the bundle. On the company’s second-quarter earnings call, CEO Bob Bakish confirmed that Charter Communications (NASDAQ: CHTR) retired its networks, including MTV and Comedy Central, to its most-expensive bundle (for new subscribers). This follows Viacom being unable to reach deals with several over-the-top linear TV services like Sony‘s (NYSE: SNE) PlayStation Vue, Hulu Live, or YouTube TV.

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