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MTV, Nickelodeon, Comedy Central Not Kicked Off TV, Yet

Negotiations about how much money needs to change hands between MTV, Nickelodeon and Comedy Central owner Viacom and Direct TV and U-verse cable owner AT&T to keep the channels on the air have stretched beyond a deadline set by both companies. The threat AT&T has held over Viacom management is that it will pull the channels and rile consumers who will lose out on their favorite shows. However, for the time being, while the deadline of midnight Friday has passed, the channels are still live.

In the contract which just expired, AT&T paid Viacom approximately $ 1 billion a year to carry Viacom channels. AT&T believes its Direct TV and U-verse systems have enough other c…
24/7 Wall St.

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