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Viacom CEO says he expects to renew deal with Dish next quarter

Published 03/07/2016, 01:05 PM
Updated 03/07/2016, 01:10 PM
© Reuters. Philippe Dauman, president and CEO of Viacom, speaks at the Reuters Global Media Summit in New York
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(Reuters) - Viacom (O:VIAB) CEO Philippe Dauman said on Monday that he expects to renew its contract with Dish Network Corp (O:DISH) next quarter.

"I am very confident we are going to get to a mutually beneficial outcome and I expect we will get to that point next quarter," Dauman said speaking at the Deutsche Bank (DE:DBKGn) Media, Internet, & Telecom Conference Monday afternoon.

© Reuters. Philippe Dauman, president and CEO of Viacom, speaks at the Reuters Global Media Summit in New York

Dauman had said last month during Viacom's earnings call that the New York-based media company had entered into a short-term extension of its distribution agreement with Dish.

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