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 Time Warner, Fox Reach Deal, Scripps Talks Ongoing

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GIGI
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PostSubject: Time Warner, Fox Reach Deal, Scripps Talks Ongoing   January 2nd 2010, 7:20 pm

by Chloe Albanesius

Time Warner Cable and Fox have reached an agreement that will keep the network's channels on the cable network.

The deal covers Fox television stations, Fox Broadcasting (Fox), Fox Cable Networks, and Fox's regional sports programming. It also includes Bright House Networks and its 2 million cable subscribers. Exact terms were not disclosed.

"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, deputy chairman, president and COO of News Corporation, which owns Fox.

"We're happy to have reached a reasonable deal with no disruption in programming for our customers," said Glenn Britt, chairman, president and CEO of Time Warner Cable.

The deal means that Time Warner Cable customers do not have to worry about losing Fox channels – including football games, the upcoming season of "American Idol," or the latest episode of "Glee."

At issue were the licensing fees that Time Warner paid to Fox in order to broadcast its programming. Fox wanted more money, but Time Warner said that Fox's initial demands amounted to a 300 percent increase.

Both companies launched Web sites – Time Warner with "Roll Over and Get Tough" and Fox with www.keepfoxon.com – to plead their cases.

The contract between Time Warner and Fox was set to expire at midnight on New Year's Eve. Shortly after midnight, however, Time Warner announced that the two sides had agreed to extend their negotiations, and a deal was announced Friday around 7pm Eastern time.

Time Warner continues to negotiate a contract with Scripps Interactive Network, which owns Food Network, HGTV, and Great American Country (GAC).

"We're still negotiating with Scripps, but there should be no change in customers' ability to see their programming," a Time Warner spokesman said in an e-mail.

Scripps said it was "very encouraged by the Fox announcement" and that "talks continue" with Time Warner Cable.

Cablevision customers were not as lucky. A similar licensing deal between Cablevision and Scripps was also set to expire at midnight last night. The two sides were unable to reach a deal, however, and Cablevision customers in the New York-New Jersey area woke up to TVs without Food Network or HGTV.

"I think it will be a while before there is an agreement with Cablevision," according to a Scripps spokesperson. "Despite our attempts since last May, Cablevision never engaged in meaningful discussions with us to continue carriage of our networks."

A hotline set up by Scripps has received 120,000 customer calls since midnight, according to Scripps.

"The rates we are seeking represent a very modest increase when you consider that Food Network and HGTV are among the top networks in all of cable," John Lansing, executive vice president of Scripps Networks Interactive, said in a statement.

Cablevision said it has "made a number of fair and reasonable proposals that would allow us to continue carrying Food Network and HGTV. All of our proposals have been rejected by Scripps."

Sen. John Kerry, who penned letters to the companies last week urging them to reach a deal, applauded the Fox-Time Warner announcement.

"Both the broadcasting business and the cable business are expensive enterprises and good faith negotiations should result in mutually acceptable terms to both the seller and the buyer without final consumers being put in the crosshairs. I am glad that despite some bumps in the road, that was achieved in this instance," Kerry said in a statement. "I will reach out to both parties, the FCC, and consumer advocates to assess lessons learned from this dispute and what, if any, changes to law are necessary. I again extend my appreciation for a positive outcome to the parties and the efforts that the FCC exerted to bring them together."

"Fox and Time Warner have granted a New Year's resolution of millions of viewers, and I congratulate them," FCC chairman Julius Genachowski said in a statement.

He urged other companies locked in licensing deals – including Sinclair Broadcasting Group and cable company Mediacom – to follow Fox and Time Warner's lead.

"The governing statute contemplates that retransmission terms should be and will be resolved by agreement between private companies, and broadcast and cable companies must accept shared responsibility for any failure to reach a timely deal," Genachowski said.



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PostSubject: Re: Time Warner, Fox Reach Deal, Scripps Talks Ongoing   January 2nd 2010, 7:26 pm

Whew!!!! hmm For a while there, I thought some people were losing some of their TV stations. I know if I had this proble, I would be lost. When I wake up in the morning like say...5:00 A.M., I turn on to Fox News with Tony and Maria then at 7 Woo Hoo Good Day L.A. with Steve, Jilian and ofcourse our lovely Dorothy.

Then there's American Idol and So You Think You Can Dance. My two most favorite shows. Then there's House, Bones and 24.

Thank you time Warner and Fox TV. A lot of people are very happy for sure knowing theyy're not losing their stations. kisses


I'm also very happy that TW and SCRIPPS came to a settlement because I LOVE Food Network and HGTV. Can't have a day without a dose of these two cable channel. YESSSS clap

Great job TW , FOX and SCRIPPS!!!



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PostSubject: Re: Time Warner, Fox Reach Deal, Scripps Talks Ongoing   January 4th 2010, 2:15 pm

That's good that they settled. American Idol and 24 are coming up soon. I agree with you CD, Good communication is always good specially when it comes to settlement of contracts. People are very happy.


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PostSubject: Re: Time Warner, Fox Reach Deal, Scripps Talks Ongoing   January 6th 2010, 6:40 pm

hmm CD? Ummm You don't have Time Warner though. You have Dish. shy You are so funny. I have Dish too.

I'm just glad myself that they settled and they made a lot of viewers very happy. Great post!


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