Viacom Renews And Expands Comprehensive Carriage Deal With Cox Communications

Viacom VIABVIA revealed the renewal, as well as the expansion of its distribution agreement with Cox Communications for carriage of its media networks across Cox's subscriber base. However, terms of the agreement were not revealed.

Viacom said that apart from the carriage of 22 popular Viacom cable networks and EPIX, Cox subscribers would have access to an expanded selection of on-demand, full-length programming in all platforms. This included television, as well as mobile devices.

The company's Executive Chairman and CEO, Philippe Dauman, commented, "Cox has consistently been a leader in offering advanced features and services to their subscribers, and Viacom's networks are favorites among those audiences who consume programming on digital devices, whenever and wherever they choose. Viacom and Cox have worked together for many years to provide industry-leading offerings, and are pleased to continue our strong relationship for many years to come."

Shares of the company traded 5.3 percent higher on Friday.