NEW YORK and LOS ANGELES, Oct. 21,
2019 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA,
FOX) ("FOX") and Charter Communications, Inc. (Nasdaq: CHTR)
("Charter") today announced a long-term, comprehensive renewal of
their distribution agreement for FOX's full portfolio of leading
news, entertainment and sports networks. In addition, FOX and
Charter will cooperate to mitigate piracy, implementing business
rules to address unauthorized access to content.
Michael Biard, President of
Operations and Distribution for FOX commented: "We are pleased that
our renewed agreement provides Charter customers with continued
access to our entire suite of networks and expands the ways in
which they can access the FOX brands through additional
video-on-demand and TV Everywhere platforms. We appreciate
Charter's professional and collaborative approach throughout this
process, and we look forward to expanding on our partnership in the
days ahead."
Added Tom Montemagno, Executive
Vice President, Programming Acquisition for Charter: "This
agreement allows continued access to all of the FOX programming for
our customers and FOX viewers, but it will also amplify our mutual
efforts to address piracy and abusive password sharing issues. We
appreciate FOX's desire to further collaborate as the video
landscape continues to evolve."
The renewal covers distribution of the FOX Television Stations,
FOX News Channel, FOX Business Network, FS1, FS2, BTN, and FOX
Deportes. Additionally, the agreement includes video-on-demand and
TV Everywhere rights for those networks, enabling Charter
subscribers to watch a wide array of FOX programming live and
on-demand through the FOX NOW, FOX Sports and FOX News apps.
About Fox Corporation
Fox Corporation produces and distributes compelling news, sports
and entertainment content through its iconic domestic brands
including: FOX News Media, FOX Sports, FOX Entertainment and the
FOX Television Stations. These brands hold cultural significance
with consumers and commercial importance for distributors and
advertisers. The breadth and depth of our footprint allows us to
deliver content that engages and informs audiences, develops deeper
consumer relationships and creates more compelling product
offerings. FOX maintains an impressive track record of news,
sports, and entertainment industry success that will shape our
strategy to capitalize on current strengths and invest in new
initiatives. For more information about Fox Corporation, please
visit www.FoxCorporation.com.
About Charter Communications
Charter Communications, Inc. (NASDAQ:CHTR) is a leading
broadband communications company and the second largest cable
operator in the United
States. Charter provides a full range of advanced
residential broadband services, including Spectrum TV® programming,
Spectrum Internet®, Spectrum Voice®, and Spectrum Mobile™. Under
the Spectrum Business® brand, Charter provides scalable, and
cost-effective broadband communications solutions to small and
medium-sized business organizations, including Internet access,
business telephone, and TV services. Through the Spectrum
Enterprise brand, Charter is a national provider of scalable,
fiber-based technology solutions serving many of America's largest
businesses and communications service providers. Charter's
advertising sales and production services are sold under the
Spectrum Reach® brand. Charter's news and sports networks are
operated under the Spectrum Networks brand. More information about
Charter can be found at newsroom.charter.com.
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SOURCE Fox Corporation