DISH offers contract extension to continue negotiations, Fox rejects
Fox demands unreasonable rates and carriage of other channels
ENGLEWOOD, Colo.--(BUSINESS WIRE)--
Tonight, 21st Century Fox, Inc. (NASDAQ: FOXA, FOX) blocked DISH
customer access to Fox News Channel and Fox Business Network, as the
media conglomerate introduced other channels into negotiations despite
those channels not being included in the contract up for renewal.
DISH Network L.L.C. is a wholly owned subsidiary of DISH Network
Corporation (NASDAQ: DISH).
"It's like we're about to close on a house and the realtor is trying to
make us buy a new car as well," said Warren Schlichting, DISH senior
vice president of programming. "Fox blacked out two of its news
channels, using them as leverage to triple rates on sports and
entertainment channels that are not in this contract."
This service disruption comes despite DISH's offer of a short-term
contract extension that would preserve the channels as the two parties
continue to negotiate.
"DISH has had a productive relationship with Fox for many years," added
Schlichting. "We regret the service disruption to our customers, and
remain committed to reaching an agreement that promptly returns this
content to DISH's programming lineup."
To learn more about these negotiations, visit www.DISHStandsForYou.com.
DISH Network Corp. (NASDAQ: DISH), through its subsidiary DISH Network
L.L.C., provides approximately 14.041 million satellite TV customers, as
of Sept. 30, 2014, with the highest-quality programming and technology
with the most choices at the best value. Subscribers enjoy a high
definition line-up with more than 200 national HD channels, the most
international channels, and award-winning HD and DVR technology. DISH
Network Corp. is a Fortune 250 company. Visit www.dish.com.
DISH Network Corp.
Courtney Culpepper, 720-514-5351
Source: DISH Network Corp.
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