Following marathon negotiations, and with only a few hours to spare before the midnight deadline tonight, Fox and DirecTV have reached a new carriage agreement. The deal covers not only all Fox Networks that were in danger of going dark on DirecTV systems tonight — FX, National Geographic Channel, Nat Geo Wild, Speed, Fuel TV, Fox Soccer, Fox Soccer Plus, Fox Deportes and Fox’s regional sports networks — but also Fox Broadcasting/the Fox local stations, whose deal with DirecTV was up at the end of the year, and Fox News Channel and Fox Business Network, whose agreement was up at the end of January. “We both know the past ten days have been challenging, but we’re pleased that both sides could eventually come together to ensure our viewers continue to enjoy Fox programming,” the two sides said in a joint statement. No information on the financials of the deal was released. DirecTV previously claimed that Fox was seeking a 40% hike, something the other side dismissed as ridiculous. According to sources, Fox has landed a healthy double-digit license fee increases in the new deal, which was closed early because all executives involved have small children and had to go do trick-or-treating. The power of little kids in Halloween costumes …
Fox And DirecTV Reach New Carriage Agreement For Cable Networks As Well As Fox Broadcasting & Fox News Channel
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