DirectTV and Viacom Bury Hatchet, Bring Back Channels

Media giants DirecTV and Viacom have resolved their , reaching a long-term agreement to bring back access of 17 channels to DirecTV subscribers.

The satellite programming provider's customers had lost access to Viacom channels -- such as MTV, Nickelodeon, VH1 and Comedy Central -- on July 10 after the two companies argued over fees and failed to strike a deal.

"It's unfortunate that Viacom took the channels away from customers to try to gain leverage, but in the end, it's clear our customers recognized that tactic for what it was, Derek Chang, DirecTV's EVP of content strategy and development, said in a statement on Friday.

Although financial terms weren't dis…

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