Time Warner Cable, Viacom Reach Multiplatform Distribution Agreement26 Dec, 2013 By: Chris Tribbey
Time Warner Cable and Viacom have renewed their distribution agreement and expanded it to include TV Everywhere rights for Viacom-owned networks, as well as carriage of the multiplatform pay-TV channel Epix for Time Warner Cable and Bright House Networks subscribers.
Epix is a joint venture between Viacom-owned Paramount Pictures, Metro-Goldwyn-Mayer Studios and Lionsgate. This is the first time Time Warner will distribute Epix and its 3,000 VOD options to its subscribers.
“We’re committed to serving our audiences on every screen, as they continue to drive the evolution of how video content is experienced,” said Philippe Dauman, president and CEO of Viacom. “TWC is equally passionate about its customers and together we crafted a progressive agreement that is a major step forward for consumers and also a model of collaboration for the multiplatform television industry.
“Our new agreement offers consumers a comprehensive collection of innovations across platforms, including the availability of Epix and access to Viacom’s vast array of popular content within the TV Everywhere environment both in and out of their homes.“
The agreement allows Time Warner to avoid another prolonged retransmission dispute, after a third-quarter fight with CBS saw Time Warner issue $15 million in credits to subscribers, and an exodus of subscribers to the tune of more than 306,000 people.
“We’re pleased to have reached agreement in advance of our deadline,” said Melinda Witmer, EVP and chief video and content officer for Time Warner Cable. “We’re working hard to provide our customers with easier access to the content they love; this agreement will provide a more expansive offering to a wide array of our customers, from parents of young children to comedy and movie lovers and more.”