Seeking Alpha

Is Viacom (VIA -1.5%) fiddling while the traditional TV landscape is burning? After average...

Is Viacom (VIA -1.5%) fiddling while the traditional TV landscape is burning? After average cable rates rose 7.2% over the last year, the company is asking DirecTV (DTV -0.9%) for a "fair" 30% increase to air its networks at the same time it allows many of its shows to be carried on outlets such as Amazon and Netflix. DirecTV is losing the PR battle so far (which Viacom is probably counting on) as customers blame the company for pulling the plug on networks in the stalemate, but appears to be using this particular dispute to draw a line in the sand.
Comments (4)
  • wigit5
    , contributor
    Comments (3982) | Send Message
    It's not a fair fight, most consumers don't even know Viacom owns those channels they just know they pay Direct TV and it's their fault...
    12 Jul 2012, 01:08 PM Reply Like
  • caddy311
    , contributor
    Comments (153) | Send Message
    sticking with way I'm going back to cable. Screw Viacom
    12 Jul 2012, 01:11 PM Reply Like
  • wigit5
    , contributor
    Comments (3982) | Send Message
    Couldn't agree more, FIOS was nice but then I moved and only comcast was available and I'd rather read a book then deal with that mess (although I have to for internet but the less I have to call them the better, just the other day my internet went out and they blamed it on my account glitching and removing my modem from their system took 2 hours to fix).
    12 Jul 2012, 01:21 PM Reply Like
  • orangeblood
    , contributor
    Comments (53) | Send Message
    I put more blame on Viacom.
    12 Jul 2012, 01:13 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio: