Dish, Viacom High Stakes Contract Renewal Looms

By | January 4, 2016

Scalper1 News

Viacom’s programming contract renewal with Dish Network (DISH) looms as a major event not only for the content provider and satellite TV broadcaster but also for other pay TV and media companies, says Pacific Crest Securities in a report. Investors have been down on both stocks. Shares in Dish Network fell 22% in 2015 while Viacom’s (VIA) stock plunged 42% amid worries over cable network ratings and its ownership structure. Dish stock was trading Scalper1 News

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