In a deal that was reached late on Friday, Fox and Time Warner agreed to a deal that keeps local Fox stations and several Fox cable channels on the cable provider. Extensions had kept the channels on board and no subscriber saw any interruption in service. Fox had been seeking revenue for its local channels, but a price that Time Warner had deemed unacceptable. After some posturing by both sides, the deal was finally agreed upon late Friday afternoon.
Let’s get some links.
Brian Stelter of the New York Times says the agreement averts a blackout of several BCS and NFL games this weekend.
Joe Flint of the Los Angeles Times writes that while subscribers can be happy about this development, there may be some bad news for their wallets.
Alex Weprin of Broadcasting & Cable says the deal also includes Bright House Cable.
Mike Reynolds from Multichannel News reports that the agreement also includes several of Fox’s regional sports networks and national cable channels.
So Fox gets retransmission fees for the first time for its local stations, Time Warner won’t lose Fox channels and everybody’s happy except for subscribers who have to foot the bill.