Time Warner Cable and Viacom reach deal

LOS ANGELES The two sides, citing disagreement over fee hikes, had threatened a damaging blackout at midnight that would have cut off shows such as "SpongeBob SquarePants" and "The Colbert Report" to about 15.7 million subscribers.

Shortly after agreeing to extend a midnight deadline by an hour, Time Warner Cable spokesman Alex Dudley said the sides agreed on a new contract.

Details of the deal were not immediately available.

The channels that would have been affected are:

• Comedy Central
• CMT: Pure Country
• Logo
• Palladia
• MTV
• MTV 2
• MTV Hits
• MTV Jams
• MTV Tr3s
• Nickelodeon
• Noggin
• Nick 2
• Nicktoons
• Spike
• The N
• TV Land
• VH1
• VH1 Classic
• VH1 Soul

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