More TV Executives Weigh In on 99-Cent TV Show Rentals

Viacom CEO Philippe Dauman similarly cited the rental pricing as the primary issue, noting that it “doesn’t work” for the media company that owns such cable channels as Comedy Central and Nickelodeon.

“The 99-cent rental is not a good price point,” said Viacom Inc. Chief Executive Philippe Dauman at the conference, which was hosted by Goldman Sachs. “It doesn’t work for us.”

Mr. Dauman noted that Viacom, which owns cable networks like Comedy Central and Nickelodeon, invests heavily to produce its content and plans to increase that investment.

“We value our content a lot,” he said. “We don’t think Apple has it quite right yet.”

Also, delays.