Market Overview

Cablevision, Tribune Company Reach Agreement

Cablevision Systems (NYSE: CVC) today announced that it has reached agreement with Tribune Company to return Tribune-owned stations to Cablevision, including WTIC (FOX CT) and WPIX (CW).

The company issued the following statement:

“We are pleased to have reached agreement with Tribune to return its stations to Cablevision, particularly its FOX affiliate in Connecticut, the only source of FOX programming for about 50,000 of our customers. We sincerely appreciate the patience of our customers as we worked to reach an agreement that is consistent with our focus on minimizing the impact of rising programming costs on cable rates.”

Returning to Cablevision are:

WTIC, the exclusive source of FOX programming in about 50,000 Cablevision homes in Connecticut; WPIX (CW); WCCT (CW), carried in a small portion of Connecticut; KWGN (CW) carried in some Optimum West markets; WPHL (MyNetwork), carried in a small portion of New Jersey; and WGN, carried in a small portion of Cablevision's Optimum West service area.

Posted-In: News Contracts After-Hours Center

 

Related Articles (CVC)

Around the Web, We're Loving...

Get Benzinga's Newsletters