Hearst, Verizon Fios Reach Retransmission Agreement
Deal averts possible blackout
Hearst Television and Verizon’s Fios said they reached a new retransmission agreement.
Also Read: Verizon Warns Viewers Hearst Signals Could Come Down
The parties had warned that if a deal were not reached, it could have lead to Hearst’s stations being blacked out to Fios subscribers, who might have missed NFL games, local news and other programming.
Also Read: Retrans Season Starts With a Bang
Financial terms of the deal were not disclosed.
The deal affects Hearst stations in Baltimore, Boston (including Manchester), Harrisburg-Lancaster and Pittsburgh.
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Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.