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Some Charter Cable Subscribers May Lose MTV, Comedy Central, and Nickelodeon

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Reuters
Reuters
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By
Reuters
Reuters
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October 11, 2017, 8:23 PM ET

Viacom, the owner of MTV, Comedy Central and Nickelodeon, said on Wednesday it was unable to come to a distribution deal with Charter Communications as part of its ongoing negotiations with the cable television distributor.

Charter’s Spectrum subscribers may see a disruption in service, Viacom said in a statement.

Earlier this year, Charter moved Viacom’s (VIAB) flagship networks to its most expensive programming tier, a move that threatened the media company’s affiliate and advertising revenue.

A spokesman for Charter (CHTR) did not immediately return calls outside of business hours.

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