We’ll go with the info provided by the Wall Street Journal (linked here), which has some deep-rooted ties with News Corp and had an investment in this story getting done the right way:
NEW YORK (Dow Jones)–DirecTV Group Inc. (DTV) and Fox agreed to renew their contract for the programmer’s namesake network, Fox News and a handful of cable channels such as FX and National Geographic, ending a public spat that threatened to leave viewers without certain channels.
In Los Angeles, that would also include keeping Fox Sports West, Prime Ticket, Speed, Fox Soccer Channel … you know, stuff you’d normall watch.
Terms of the multiyear agreement weren’t disclosed. Fox and DirecTV spokesmen declined to give further details on the deal.
Well played. Fight it out in public, then don’t give the public the details of the agreement.
A pact allowing DirecTV to carry a package of Fox cable channels and regional sports networks expired Sept. 30, prompting a dispute between the companies as they initially disagreed on renewal terms. Similar agreements for Fox News and the network — presumably much larger deals — were set to expire at the end of December and January, respectively. Fox’s attempt to bundle all the properties into a single renewal arrangement complicated discussions at times, a DirecTV executive said last week.
C’mon, let’s just get it all done at once…
The two sides used websites and television ads to make their cases to the public. For example, DirecTV had said Fox demanded a 40% rate increase, while the network operator said that was untrue.
And cable companies sat back and waited for the flood of new disgrunteled customers. Didn’t happen.
“We both know the past 10 days have been challenging, but we’re pleased that both sides could eventually come together to ensure our viewers continue to enjoy Fox programming,” the companies said late Monday in a joint statement.
Plus, it insures we continue to make gobs of money.
Such disputes have become increasingly common in the television industry as network owners demand higher compensation for their content, and distributors face stalling subscription growth.
And they usually get resolved.
Fox is owned by News Corp., which also owns Dow Jones & Co., the publisher of this newswire.
Here’s a better way of summarizing what happened, thanks to Entertainment Weekly (linked here)
UPDATED: Tuesday, 9 a.m.:
Do you believe SportsFans.org is happy with this decision? Go to this link.