FNC inks carriage deal with National Cable Television Cooperative
Fox News Channel inked a carriage deal with the National Cable Television Cooperative, a consortium of rural cable operators representing 3 million cable subscribers.
It’s the second cable deal for Fox which is negotiating its first set of renewals since the channel was launched in 1996.
Sources said the deal hews closely in price and duration to that signed with Cablevision last month, which amounted to an average of 75¢ a subscriber over five years.
The Cablevision deal marked a big victory for News Corp. and caused several analysts to upgrade revenue targets for the company’s cable division.
FNC is signing five-year carriage deals that increase each year until they expire in 2011. Fox is also seeking carriage for Fox Business Channel with an eye toward launch when it gets distribution of at least 30 million.
Fox News Channel is available in 85 million homes.
A Fox News spokesperson declined to comment.