Kukla's Korner Hockey
by Alanah McGinley on 10/21/11 at 11:35 PM ET
...you might have an issue in the future, according to Alex Sherman at Business Week:
DirecTV, the largest U.S. satellite- TV provider, is threatening to pull more than 25 channels owned by News Corp.’s Fox Networks to “mitigate the madness” of programming price increases by content providers, a company executive said.
Fox is asking DirecTV to pay 40 percent more for channels including FX, National Geographic and several regional sports networks, according to DirecTV Executive Vice President Derek Chang. DirecTV will remove the channels from its package offerings by Nov. 1 if Fox doesn’t lower its asking price, Chang said in an interview today.
DirecTV is the latest company to spar with content providers about programming price increases. Cablevision Systems Corp. and Verizon Communications Inc.’s FiOS pulled the Tennis Channel last month after the network asked for “significantly higher” fees. In October 2010, Cablevision paid Fox what it called “an unfair price” for World Series games after a two- week blackout
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About Kukla's Korner Hockey
Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.
From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.
Email Paul anytime at email@example.com