DirecTV Says Viacom Statement Was Made For “Dramatic Effect”

Nick Paglino has issued an update on the current Viacom situation, noting that the statement made earlier by Viacom was done for "dramatic effect." Below is an excerpt from the new DirecTV statement, and you can read more by clicking on the above link.

You may have heard that Viacom is trying to upset customers with some very loud rhetoric about negotiations breaking down.  Their statement, intended for dramatic effect, is completely false.  Please know that we are indeed continuing to negotiate with Viacom so they can return the channels to our customers as soon as possible.  Just last night, Viacom made a proposal for the return of the 17 channels they dropped  from DIRECTV. Earlier this morning, we accepted all material terms for those channels including an increase that was more than fair.  We are ready to sign that deal immediately.

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