Fox Business Network has been returned to the Dish Network system, reports Joe Flint of The Wall Street Journal.
Flint writes, “‘We thank the viewers of Fox News and Fox Business and Dish customers for their patience throughout this process,’ said Tim Carry, Fox News and Fox Business executive vice president of distribution, and Warren Schlichting, Dish’s senior vice president of programming, in a joint statement.
“Terms of the deal weren’t disclosed. However, people familiar with the talks said Dish is paying a significant increase for Fox News, which is one of the most popular networks, not just among news channels but entertainment and sports services as well. According to research firm SNL Kagan, the average monthly fee for Fox News is currently about $1.00 per subscriber. Under terms of the new pact, the price Dish would pay would rise to an average fee of around $1.50 per-subscriber, per-month, people familiar with the matter said.
“Dish is also going to distribute Fox Business Network to more of its subscribers, the people said, and give it a channel position near Fox News as part of the agreement.”
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