Verizon removes Bloomberg Television in dispute
Verizon Communications pulled Bloomberg Television from 4.6 million of its pay-TV customers after the financial news provider asked the carrier to pay it for its content for the first time ever.
Jessica Toonkel of Reuters reports, “Verizon said it took down the news network last month because it did not want to pay for it when viewers can access it for free online. It remained unclear whether the companies could come to an agreement allowing the network to return to Verizon’s customers.
“‘Bloomberg is proposing that we pay for content that they make available to all consumers for free on their website and mobile app,’ the company said in its alert to Verizon’s FIOS TV customers about the removal of Bloomberg TV.
“Verizon is advising customers to go to Bloomberg’s website and app to watch Bloomberg TV, a Verizon spokeswoman said.
“A spokesman for Bloomberg declined to comment.”
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