Hearst Television and Verizon’s Fios said they reached a new retransmission agreement.
The parties had warned that if a deal were not reached, it could have lead to Hearst’s stations being blacked out to Fios subscribers, who might have missed NFL games, local news and other programming.
Financial terms of the deal were not disclosed.
The deal affects Hearst stations in Baltimore, Boston (including Manchester), Harrisburg-Lancaster and Pittsburgh.
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.
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