Viacom and Time Warner Cable are in a dispute over carriage fees, as Viacom wants an increase in fees for their channels. In response, Time Warner has threatened to no longer show programming on any of Viacom's cable channels, starting at 12:01 a.m. January 1'st.

Unfortunately for many Time Warner Cable subscribers, Viacom carries some of their favorite programming. No more Viacom channels on Time Warner Cable means no more Nickelodeon, no more Comedy Central, no more MTV, and no more programs on 16 other channels like Spike TV, Logo and CMT.

If the standoff continues, Time Warner Cable subscribers will not get to see Spongebob Squarepants, Dora the Explorer, The Daily Show, The Colbert Report, South Park, MTV videos and programs, and many other favorite shows.

To Viacom, Time Warner Cable has undervalued their shows, even though 20% of Americans' TV time is spent watching Viacom shows. Viacom wants a fee increase of about 23 more cents a month per subscriber, which would average out to a total of $36more million made.