DirecTV And Viacom Kiss And Make Up

After a pretty ugly stand-off lasting a couple of weeks and inconveniencing not a few customers, DirecTV and Viacom gave each other a quick peck on the cheek and returned to the business of generating revenue. A seven-year deal in which DirecTV coughs up an additional 20% or so ($600 million a year) to Viacom was the result of the fractious negotiations. DirecTV also acquired the right to live-streaming of Viacom content. That will be a feature the company can offer in the future.

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