this is BS
this is BS
Statement from Glenn Britt, President & CEO, Time Warner Cable
Re: Viacom’s threats to pull MTV Networks from Time Warner Cable customers, December 31, 2008
Christmas is over, but Viacom is still playing Scrooge, threatening to pull its MTV Networks off of Time Warner Cable at midnight tonight unless we ask our customers to pay exorbitant price increases.
Viacom claims their demands equate to “pennies,” but that is misleading and insulting to our customers, from whom Viacom is trying to extort another $39 million annually – on top of the hundreds of millions of dollars our customers already pay to Viacom each year. That doesn’t sound like pennies to us. Demanding that our customers pay so much more for these few networks would be unreasonable in any economy, but it is particularly outrageous given the current economic conditions.
We sympathize with the fact that Viacom’s advertising business is suffering and that their networks’ ratings have largely been declining. However, we can’t abide their attempt to make up their lost revenue on the backs of Time Warner Cable customers. We’ve negotiated in good faith and made several concessions to help reach a fair and reasonable deal. We’ve asked for an extension of the current contract while we continue to negotiate. But Viacom doesn’t appear to be interested in what’s fair and reasonable for American consumers – they’re only interested in propping up their sagging bottom line, and they are poised to pull their networks from Time Warner Cable customers tonight.
Huge price increases like what Viacom is demanding threaten the ultimate value of cable TV. Time Warner Cable is a retail distributor of products we purchase wholesale. Wholesale programming costs are rising dramatically every year, and, like all multichannel distributors, we have to pass on at least a portion of the increases to our customers. Viacom’s MTV Networks are just a few of the hundreds of channels we carry. If every channel demanded huge, double-digit increases like what Viacom is trying to force our customers to pay, it would be impossible to keep the price of cable reasonable for our customers.
Time Warner Cable has reached hundreds of distribution agreements with other networks. In fact, we currently have deals with every other cable programmer. The negotiations aren’t always easy, but we work hard to reach agreements that are fair to our customers and to both businesses.
We hope Viacom won’t pull the MTV Networks from Time Warner Cable customers, and we’ll negotiate up to the last possible minute and beyond. But ultimately, it is Viacom’s decision. We implore them to join with us to reach a fair resolution or grant an extension, and we hope they won’t carry through with their threat to take their networks away from our customers tonight.
Cable Networks affected:
Nickelodeon/Nick at Nite
MTV
VH1
Spike
TV Land
Comedy Central
Noggin
MTV2
VH1 Classic
Logo
MTV Hits
MTV Jams
MTV Tr3s
Nicktoons
The N
CMT Pure Country
Palladia
VH1 Soul
*If HD channels are available for these networks, they will also be affected*
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I say let them pull them. How much sponsor $ do they think they'll get with that many less customers veiwing their programs?
I personally don't watch those too much anyways, so let it roll.
Like the saying goes, "If you're feelin' froggy, JUMP!" Just don't cry if the lilly pad ain't there when you land!
I personally don't watch those too much anyways, so let it roll.
Like the saying goes, "If you're feelin' froggy, JUMP!" Just don't cry if the lilly pad ain't there when you land!
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At least I still got Fox News. Screw them anyways, holding a monopoly on the cable business.
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The only channels I watch on this list are Spike and Comedy Central... and I rarely watch CC anymore.
Spike would be a loss since it's where the powerblock is hosted... but that's it. The rest ofthe channel is dog crap, IMHO.
I doubt it's going to happen.
Spike would be a loss since it's where the powerblock is hosted... but that's it. The rest ofthe channel is dog crap, IMHO.
I doubt it's going to happen.
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yuck.. Fox Newskc2002acr wrote:At least I still got Fox News. Screw them anyways, holding a monopoly on the cable business.
I think they should get rid of all the news channels on TV. They're nothing but biased drivel.
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I can remember when MTV actually showed music videos. Maybe this might have to do with lost revenue for Viacom when their intellectual property is ripped from the net rather than legally purchased- perhaps they are trying to recoup by increasing cable fees?
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I figured it wouldn't happen. Less money > no money. It would be the same as OPEC totally cutting off oil supplies to a large customer because they wouldn't pay $500 a barrel. Both sides wold lose.
Bill
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Midnight_Rider wrote:I can remember when MTV actually showed music videos. Maybe this might have to do with lost revenue for Viacom when their intellectual property is ripped from the net rather than legally purchased- perhaps they are trying to recoup by increasing cable fees?
VH-1 seems to do fine. Why does everyone think that the internet is the downfall of today's "music" when it is the labels and the untalented hacks that trying to make a dime on other peoples played out songs. "Piracy" has been a round since commercially available recording media has. When I was a kid my buddies and I would go to music stores and buy different tapes and make copies for everyone. Maybe if artists would put out CDs with more than one good song it people wouldn't be going to the web to "download" their one good song for $.99 instead of paying $15 for the CD with that one song on it.
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Amen to that!Passt wrote:Mtv sucks balls now. All they show is shitty paris hilton brainwashing material for my 15 y/o sister to watch. I hate Mtv.
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jrumann59 wrote:Midnight_Rider wrote:I can remember when MTV actually showed music videos. Maybe this might have to do with lost revenue for Viacom when their intellectual property is ripped from the net rather than legally purchased- perhaps they are trying to recoup by increasing cable fees?
VH-1 seems to do fine. Why does everyone think that the internet is the downfall of today's "music" when it is the labels and the untalented hacks that trying to make a dime on other peoples played out songs. "Piracy" has been a round since commercially available recording media has. When I was a kid my buddies and I would go to music stores and buy different tapes and make copies for everyone. Maybe if artists would put out CDs with more than one good song it people wouldn't be going to the web to "download" their one good song for $.99 instead of paying $15 for the CD with that one song on it.
Most of the CD's I buy I like most of the songs on them. But I remember when I got American Idiot (Green Day) and thought, damn I didn't want to skip any of the songs. They were all good. A very rare thing.
Piracy is just easier now. Like James said, it used to be among a group of friends, now its a group of people on a certain site.
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Passt wrote:Mtv sucks balls now. All they show is shitty paris hilton brainwashing material for my 15 y/o sister to watch. I hate Mtv.
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Is not getting the powerblock really that much of a loss? Those shows hurt my head sometimes.....TheRandom1 wrote:Spike would be a loss since it's where the powerblock is hosted... but that's it. The rest ofthe channel is dog crap, IMHO.
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