Just a few short hours ago DirectTV and Viacom came to an unspecified mutual agreement and ended their 10 day and 17 channel gridlock today. Financial terms of the agreement have not been made public but according to CNet, the deal is a long term commitment by both companies.
DIrectTV exec Derek Chang released the following statement:
"We are very pleased to be able to restore the channels to our customers and thank them for their unprecedented patience and support. 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."
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