Tim Carry, exec VP of distribution for both of the 21st Century Fox-owned networks, and Warren Schlichting, senior VP of programming for Dish, released a joint statement that said, “We thank the viewers of Fox News and Fox Business and Dish customers for their patience throughout this process.”
The two sides reached an impasse in late December, with Dish accusing Fox of trying to use the two networks to secure better rates for other cable outlets it owns.
Terms of the new agreement were not disclosed. The new deal does not include any agreement to have the two cable networks distributed through Dish’s new broadband-distributed Sling TV service, according to a person familiar with negotiations. As part of the pact, both networks will be on the same pricing tier and Fox News is expected to fetch more than $1.50 per subscriber per month.
The Fox News-Dish showdown was just the latest fracas to erupt over distribution rights for programming, the fees from which have become more important in the TV industry, which has seen the stream of advertising dollars begin to narrow along with a fluctuating economy and the advent of new consumer attractions such as social media and mobile devices.
This service outage was the third on Dish in recent months as it previously worked its way through negotiations with Time Warner’s Turner and CBS Corp. Those conflicts resulted in a blackout of select Turner networks like CNN as well as an outage of CBS.