Don't be surprised if certain cable channels don't work for you when you click on your television to watch the Rose Parade Thursday morning.Reuters is reporting Viacom Inc and Time Warner Cable remained at a standoff on Wednesday, but were hopeful that top executives would step in to resolve a dispute that threatens to prevent more than 13 million U.S. subscribers from seeing "Dora the Explorer," "SpongeBob SquarePants" and Jon Stewart.
"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," Time Warner Cable Chief Executive Glenn Britt said today in a statement as reported this afternoon by the Los Angeles Times.
No face-to-face meetings between executives have occurred for several weeks, sources on both sides said. The sources asked to remain anonymous because they were not authorized to discuss the situation publicly.
At issue is an extra $35 million to $40 million that Viacom wants Time Warner to pay for carrying its cable channels, including MTV, Comedy Central and Nickelodeon. MORE>>image: ABC News
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