facebook
twitter
rss
account
search
search
 

Fox, Time Warner reach cable deal

Jan. 2, 2010 at 9:59 AM   |   Comments

LOS ANGELES, Jan. 2 (UPI) -- Fox television shows remained on Time Warner cable TV systems across the United States Saturday after the two announced they had reached a carriage deal.

Fox, owned by News Corp., and Time Warner announced Friday that a deal had been struck to keep Fox Network television shows -- including its New Year's Day and holiday weekend sports programming -- on the cable system owner, less than a day after a contract between the two had expired, the Los Angeles Times reported.

The newspaper said the agreement was reached after months of posturing and public sniping between the two media giants, which at one point included Time Warner taking out newspaper ads in which it accused Fox of holding consumers "hostage" in seeking unreasonably high carriage rates for rebroadcasting its programs.

The Times said neither Time Warner nor News Corp. would release details on the new agreement, but noted that Fox had been asking $1 per subscriber per month and that Time Warner had countered with an offer of 30 cents per subscriber.

U.S. Sen. John Kerry, D-Mass., and Federal Communications Commission Julius Genachowski on Friday praised the two companies for reaching the deal, the newspaper said.

© 2010 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Recommended UPI Stories
Featured UPI Collection
trending
2014: The Year in Music [PHOTOS]

2014: The Year in Music [PHOTOS]

Most Popular
1
Only 1 in 5 insurers cover volcanic ash
2
Twinkies' Chicago facility to close
3
Military training aircraft delivered to Mexico
4
Corona Extra recalled due to glass particles in beer
5
GenDyn to study new guidance system for ICBMs
Trending News
Video
x
Feedback