Televisa and Viacom Ink Content Distribution Deal

Agreement includes new and renewed seasons of popular Nickelodeon shows.

MEXICO CITY -- Televisa and Viacom International Media Networks have signed a five-year deal giving distribution rights to Televisa for Nickelodeon's top shows and movies.

The exclusive agreement between the two media giants includes renewal deals for Nickelodeon programming such as SpongeBob Squarepants, Penguins of Madagascar, Drake & Josh and iCarly.

Other shows to air on Televisa, Mexico's top network, are Kung Fu Panda, Fanboy and Chum Chum.

Televisa and Viacom made Thursday's announcement out of the L.A. Screenings.