Thursday, January 21
This ends a nearly three week dispute between the two companies.
“This is the resolution everyone wanted,” said John Lansing, the executive vice president of Scripps Networks Interactive. “Cablevision has been a valued distribution partner, and we’re gratified that together we were able to reach a successful conclusion that will benefit their customers and viewers of our networks.”
They didn't disclose what the new rate was, but I guess it's something both parties were happy with... or begrudgingly agreed to.
I was most surprised to read that Food Network only earned about 8 cents a month on average from distributors, while the channel w/ lower ratings, HGTV, earned 13 cents on average. Weird.
Hopefully everyone who went without is now enjoying their Food Network & HGTV. My First Place is on! (Oh, and some Iron Chef rerun.)
Labels: food network