Hearst Reaches Agreement With AT&T
Hearst Television and AT&T reached a new retransmission agreement ending a blackout of Hearst stations to DirecTV satellite subscribers that has lasted since New Year's Day.
“We remain committed to the future of localism – ensuring the viability of local investigative journalism, breaking news and weather coverage, and quality local and national programming,” said Hearst Television President Jordan Wertlieb. “We regret the inconvenience to DirecTV subscribers and are indebted to them and all of our advertisers for their support.”
Related: Time Warner Seeks Shareholder Approval of AT&T Meld
Financial terms were not disclosed.
Hearst Television owns and operates local television and radio stations serving 26 media markets across 39 states reaching over 21 million U.S. television households.
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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.