Has Fox And Dish Reached An Agreementadmin
DISH Network L.C., a subsidiary of DISH Network Corporation (Nasdaq: DISH) and Fox Networks, an operating unit of News Corporation (Nasdaq: NWS), today announced a large-scale distribution agreement to continue to provide the third largest video distributor in the United States with access to Fox Broadcasting and local television channels from Fox Broadcasting and Fox in major cities. The deal also included the transportation of FX, National Geographic Channel and Fox 19 regional sports networks, which were restored to VIEWERS of the DISH network on Friday. „We are pleased to be able to announce that we have reached an agreement with Dish and Sling and that they are immediately restoring their subscribers to Fox networks and television channels,“ Fox said in a statement. „We thank our spectators for their patience during this disruption.“ In a statement, Dish added, „We appreciate the patience of our customers as we worked to reach a long-term agreement that restores Fox networks and local broadcasters.“ Fox had removed from Dish the cable networks FS1, FS2, Big 10 Network, Fox Soccer Plus and Fox Deportes, a Spanish-language network, after failing to reach a new agreement with the company. „I want to thank our DISH Network partners who have worked tirelessly to help us succeed,“ said Mike Hopkins, President of Fox Networks Affiliate Sales and Marketing. „This agreement offers a strategic partnership between Fox and DISH to provide dish subscribers with the best programming.“ The long-term transportation contract resolves a dispute between the satellite TV provider and the media company, as viewers continue to migrate to streaming services such as Netflix Inc and Amazon.com Inc. Prime Video, resulting in a decline in audience. In a statement, Dish said, „We appreciate the patience of our customers as we work to reach a long-term agreement that restores Fox networks and local channels.“ About DISH Network L.L.C.Since 1980, DISH has been working on innovation and value on behalf of consumers. Through its subsidiaries, the company offers millions of customers award-winning television entertainment and technology.