Fox Reaches Agreement With Altice to Avert Blackout

Fox

Just before Friday’s midnight deadline Altice USA and Fox said they reached a deal, averting a blackout that would have affected Optimum TV viewers mostly in the New York area.

“Optimum and Fox are pleased to announce that a mutually agreed upon deal has been reached that will allow continued carriage of Fox programming for Optimum TV customers,” the companies said in a statement.

Financial terms and other details were not immediately disclosed.

Also: Nexstar Stations Go Dark In Fee Dispute With Verizon Fios

The agreement will enable Altice's Optimum cable subscribers to watch Fox's fall sports programming including college football on Saturday, the NFL on Sunday and Major League Baseball playoff games.

Altice had complained that Fox was demanding “unprecedented and excessive fee increases” and said was seeking a fair deal.

Fox also said it wanted a “fair” deal at “marketplace terms.”

The expiring contract covered local Fox stations including WNYW-WWOR New York, as well as cable channels FS1, FS2, Fox News Channel, Fox Business News and Big Ten Network. ■

Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.