Viacom, Mediacom Renew Carriage Deal

Viacom CEO Philippe Dauman

The agreement includes "a substantial increase in free VOD and expanded TV Everywhere functionality."

Viacom and small U.S. cable operator Mediacom Communications on Wednesday said they have renewed their carriage agreement for the former's networks, which include MTV, Nickelodeon, Comedy Central, BET and others.

Financial terms and the length of the new agreement weren't disclosed.

In addition to continued carriage of 19 Viacom cable networks and Epix, the companies said Mediacom subscribers will also get access to additional programming across devices, including "a substantial increase in free VOD and expanded TV Everywhere functionality that allows viewers to watch Viacom programming both in- and out-of-home."

"We appreciate Viacom's willingness to enter into a reasonable agreement that takes into consideration our consumers' sensitivity to pricing and the alternative ways content is consumed today," said Mediacom chairman and CEO Rocco Commisso.

"We are pleased to have reached a comprehensive deal with Mediacom that delivers strong value for our brands and provides even better ways for Mediacom customers to enjoy their favorite Viacom content," said Viacom CEO Philippe Dauman. "Mediacom has been an outstanding partner for many years, and we look forward to continuing to grow our businesses together."

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