Ordinarily, Fox News is responsible for bringing the news to homes across the country and here in Georgia. This time, however, the network is the subject of headlines now that its contract dispute with Dish Network seems to be over. Since Dec. 22, Dish customers across the country have found a black screen where the Fox News Channel used to be while the two sides argued over carriage fees, tiers and new venues.
Details of the recently reached settlement were not reported, but some information has made its way into the news. First, Fox News will receive a larger piece of the payments Dish receives from its subscribers. Further, the Fox Business Channel will join the Fox News Channel on Dish’s basic cable tier. Prior to the agreement, the business channel required a different level of subscription from customers, which meant that not as many people had access to it.
It also appears that Fox News and Fox Business will not be part of the new cable offerings of Dish, such as Sling TV. Other than these basic bits of information, both sides are remaining silent on the specifics of the deal. Estimates indicate that in the first two weeks of the blackout, Dish Network lost nearly 90,000 subscribers, and Fox News lost ratings potential from approximately 14 million homes.
At first, each sides in this contract dispute decided to dig in its heels and refused to budge. Eventually, however, the two sides must have realized that the dispute was only causing each party what could be significant losses. Georgia business owners could most likely have told the two companies that neither side of such a dispute can come out the winner without at least some compromise. Once an agreement is reached, the next order of business is to memorialize it in writing. The agreement can be executed once it is confirmed that all of the business and legal details are included, and both sides can then continue to work together toward their mutual success.
Source: hollywoodreporter.com, “Dish Network and Fox News Settle Carriage Dispute“, Alex Ben Block, Jan. 15, 2015