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Last-minute deal keeps Hearst stations on Verizon’s Fios

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mkeys@thedesk.net

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A last-minute deal between broadcaster Hearst Television and wireless company Verizon kept nearly a dozen local stations from being pulled off Verizon’s Fios TV systems along the eastern United States.

Last week, The Desk reported Hearst had threatened to remove nine local television stations from Fios TV due to an expiring contract that allows Verizon to distribute Hearst-owned channels to customers in exchange for paying Hearst a re-transmission consent fee.

Verizon accused Hearst of demanding a sizable fee increase, which it called “unacceptable” in a statement.

As is typical with carriage disputes, Verizon and Hearst settled their differences with a new deal while not revealing financial details.

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About the Author:

Matthew Keys

Matthew Keys is the award-winning founder and editor of TheDesk.net, an authoritative voice on broadcast and streaming TV, media and tech. With over ten years of experience, he's a recognized expert in broadcast, streaming, and digital media, with work featured in publications such as StreamTV Insider and Digital Content Next, and past roles at Thomson Reuters and Disney-ABC Television Group.
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