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Dish, Viacom sign deal, averting blackout

Viacom shares surge on the news while Dish shares stay flat

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CASH COW: Viacom said that the various distribution deals would fuel growth in the company’s affiliate revenue.

New York

DISH Network wanted its MTV after all.

On Thursday morning, Dish, the satellite TV provider, and Viacom announced that they had struck a multi-year agreement for Dish to continue to carry Viacom's bundle of television networks, averting a threatened blackout.

Dish's