Disney, Verizon Strike New Carriage Agreement
Walt Disney and Verizon have struck a new carriage agreement, avoiding a showdown that might have taken popular ESPN college-football games away from subscribers of Verizon’s Fios service in the first days of 2019.
“Verizon and The Walt Disney Company have reached a broad-based distribution agreement. Details will be released in the coming days,” the companies said in a joint statement.
The current contract between Disney Media Networks and Fios had been set to expire on December 31, and Disney has started to run messages on networks like ESPN and Freeeform this past Wednesday morning, and also on Disney-owned ABC stations like New York’s WABC and Philadelphia’s WPVI. “Our proven history of providing extraordinary value to consumers and distributors is unmatched,” Disney had said in a statement.” Our negotiations continue in earnest and we remain optimistic that we can reach a deal.”
More to come….
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