Fox, Time Warner Cable Reach Agreement Over Carriage Fees
Officials with Fox Networks and Time Warner Cable announced Friday evening an agreement over carriage fees.
Some 13 million households of Time Warner Cable subscribers can still receive programming from Fox Television Stations, Fox Broadcasting, Fox Cable Networks and Fox’s regional sports networks.
“We’re pleased that, after months of negotiations, we were able to reach a fair agreement with Time Warner Cable — one that recognizes the value of our programming,” said Chase Carey, the deputy chairman, president and COO of News Corporation.
“We’re happy to have reached a reasonable deal with no disruption in programming for our customers,” said Glenn Britt, the chairman, president and CEO of Time Warner Cable.
Without an agreement, Time Warner Cable customers would have lost Fox programming, including Channels 5 and 9, at midnight Friday.
Fox had reportedly been seeking $1 per subscriber per month for its programming, which includes popular shows like “American Idol” and “The Simpsons” as well as NFL and college football.
But Time Warner Cable had described that amount as “unreasonable” for a free-to-air network that can be received at no charge in areas where reception allows it.
Terms of the agreement were not disclosed by 7:30 p.m. Friday.