Categories: OLD Media Moves

Fox Business pulled from Cablevision

Kevin Coy of News on News reports that Fox Business Network has been yanked off the air for 3 million Cablevision subscribers in a contract dispute between the two companies.

Coy writes, “Cablevision has called on News Corp to restore the services and submit to binding arbitration under a neutral third party to reach a fair agreement.

“Charles Schueler, Cablevision’s executive vice president of communications, said: ‘News Corp.’s decision to remove Fox programming from three million Cablevision households is a black eye for broadcast television in America.  News Corp has refused to negotiate in good faith and rejected calls from dozens of political leaders to not pull the plug and join Cablevision in binding arbitration.  We demand that News Corp. put the viewers ahead of its own greed and immediately restore these channels to our customers and agree to binding arbitration to reach a fair agreement.  What is News Corp. afraid of?’

“Cablevision said that it had accepted an offer on Friday from the Federal Communications Commission to mediate in the dispute, however News Corp declined the offer.

“In a statement, A Fox spokesman said, “We are declining mediation and binding arbitration.'”

Read more here.

Recent Posts

Dynamo hires former Business Insider executive editor Harrington

Former Business Insider executive editor Rebecca Harrington has been hired by Dynamo to be its…

2 days ago

Bloomberg TV hires Kerubo as desk producer

Bloomberg Television has hired Brenda Kerubo as a desk producer in London. She will be covering Europe's…

2 days ago

Jittery CNBC staff reassured by new boss

In a meeting at CNBC headquarters Thursday afternoon, incoming boss Mark Lazarus presented a bullish…

2 days ago

Making business news accessible to a wider audience

Ritika Gupta, the BBC's North American business correspondent, was interviewed by Global Woman magazine about…

2 days ago

Rest of World hires Lo as China reporter

Rest of World has hired Kinling Lo as a China reporter. Lo was previously a…

2 days ago

Bloomberg rises to No. 7 biz news website

Bloomberg News saw strong unique visitor growth to its website in October, passing Fox Business…

2 days ago