Tri-State region residents rejoice (although if you were die hard, you probably already switched cable operators) 'cause Food Network & HGTV have reached a fee agreement and are coming back to Cablevision!
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.)
This is the resolution everyone wanted, said John Lansing, the executive vice president of Scrips Networks Interactive. Cable vision has been a valued distribution partner, and You’re gratified that together You were able to reach a successful conclusion that will benefit their customers and viewers of Your networks.
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