-- A "contractual impasse" between DirecTV and Viacom will see the satellite service drop 17 Viacom stations effective Midnight Eastern standard time tonight if a new deal isn't reach. This would include Spike TV, which airs TNA Impact Wrestling every Thursday. Viacom is requesting a 30% increase in fees according to DirecTV, while DirecTV said on Tuesday they would be willing to agree on a different level. DirecTV is currently in 20 million homes or 17% of U.S. homes.
TNA posted the following video from Hulk Hogan addressing the DirecTV/Spike TV situation:
[yt]http://www.youtube.com/watch?v=1ElzrVvvu5A[/yt]
Source: PW
To summarize this whole scenario, Viacom wants 30% increase from DirecTV which equals $1 billion that DirecTV has to pay. That means it will be higher payments for DirecTV's 20 million subscribers. DirecTV is saying that's way too much and isn't backing down.
This is affecting 26 channels which includes popular ones like MTV, Nickelodeon. Spike, VH1, Comedy Central, etc.. All of those channels are owned by Viacom.