Viacom Inc. and Comcast Corporation have signed a multi-year agreement that provides for the long-term carriage of Viacom's cable television networks, for new video on demand (VOD) products for
Comcast subscribers, and for analog and digital retransmission consent to Comcast systems for Viacom television stations. Additionally, the agreement provides for the joint development of new
video-on-demand services for Comcast subscribers featuring branded content from CBS News and the MTV Networks family of properties. The agreements, effective immediately, include both extensions of
existing carriage deals as well as renewal of expiring affiliate contracts. Financial terms of the agreement were not disclosed. Comcast President and CEO Brian L. Roberts said, "This agreement is
terrific for our customers because it contains rights for exciting HDTV and video on demand programming that we're delivering at no additional charge. Comcast is at the forefront of delivering
advanced entertainment services, and this contract provides Viacom's compelling programming to further their appeal."