Viacom, Charter to renew distribution agreement


(Reuters) – Viacom Inc (VIAB.O) and Charter Communications Inc (CHTR.O) said on Wednesday they had agreed to a multi-year renewal of their distribution agreement.

FILE PHOTO: A woman exits the Viacom Inc. headquarters in New York, U.S. on April 30, 2013. REUTERS/Lucas Jackson/File Photo

The companies also said they had entered into a new partnership to co-produce original content.

Charter will provide Spectrum subscribers Viacom’s networks, including Nickelodeon, BET, MTV, Comedy Central, Spike (Paramount Network), VH1, TV Land and CMT, on the Spectrum Select tier across its systems.

Reporting by Arjun Panchadar in Bengaluru; Editing by Sriraj Kalluvila

Our Standards:The Thomson Reuters Trust Principles.

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