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Source San Francisco Chronicle

July 20 (Bloomberg) — Viacom Inc. will get more than $600 million a year from DirecTV in programming fees under their new seven-year agreement, up at least 20 percent from the previous terms, a person with direct knowledge of the matter said.

Viacom, owner of the MTV, Comedy Central and Nickelodeon networks, announced a new agreement with DirecTV this morning, ending a  click here to read more