Fox Cable Networks is in advanced discussions on a deal that would sell its action sports channel Fuel TV to Viacom, according to several sources with direct knowledge of the talks.
The sale was expected to close late last year, but the parties are still negotiating an agreement. Talks began last year when the companies discussed entering a joint venture around Fuel TV, but subsequent discussions led the parties to negotiations on a complete sale of the channel. Sources say Viacom will … Details
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