Dish Has A Deal With LIN On Retransmissions, Restoring Service

Date : 03/13/2011 @ 1:48PM
Source : Dow Jones News
Stock : Lin TV Corp (TVL)
Quote : 14.9  0.0 (0.00%) @ 2:05AM

Dish Has A Deal With LIN On Retransmissions, Restoring Service

Dish Network Corp. (MM) (NASDAQ:DISH)
Historical Stock Chart

5 Years : From Jul 2012 to Jul 2017

Click Here for more Dish Network Corp. (MM) Charts.

Dish Network Corp. (DISH) reached an agreement with LIN TV Corp. (TVL) on a new retransmission agreement, restoring local television channels to its customers in 17 markets.

"Dish Network is pleased to have reached a deal with LIN Media," Dish, a satellite-TV provider, said in a statement on Saturday.

"We are pleased that our negotiations with DISH Network resulted in a fair resolution and a new retransmission consent agreement," said Vincent Sadusky, chief executive of Lin Media, in a statement. "We thank our viewers and our advertisers for their tremendous support."

Terms of the agreement weren't provided.

Cities including Austin, Texas, and Columbus, Ohio, were without some or all of the CBS, NBC, FOX and CW affiliates for a week as a result of a dispute, which centered on how much Dish would have to pay LIN to rebroadcast those channels to its satellite customers. Retransmission has grown into a hot issue after several past disputes led to widescale blackouts. The Federal Communications Commission has begun looking at how the rates have been negotiated, and the recent blackout was only the most recent instance of a dispute spilling into the public eye.

The comment on Saturday contrasts with the rhetoric from last week, when Dish accused Lin of holding its customers hostage in an attempt to coerce Dish into paying "outrageous demands." Lin said it was only seeking fair compensation for its local channels.

   -By Roger Cheng, Dow Jones Newswires; 212-416-2153; 
   roger.cheng@dowjones.com 
 
 

Latest TVL Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....


No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.


NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.