AT&T Sets Broad Carriage Renewal Pact With Fox Networks Group

Variety | 11/18/2018 | Cynthia Littleton
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AT&T and Fox Networks Group have quietly concluded a broad renewal agreement for most of Fox Networks Group’s channels on the DirecTV and U-verse platforms.

The deal came together days before the end of DirecTV’s previous pact with Fox. It also was handled with no saber-rattling or public bickering over terms, a notable achievement at a time of heightened competition and business headwinds between large programmers and distributors. DirecTV is facing a number of big renegotiations with major content providers in the coming year, including Viacom. It’s understood that the AT&T-Fox talks were long, arduous and tense at times but were never in danger of boiling over in public.

Fox - Takeover - Disney - Year - Deal

Fox is awaiting its takeover by Disney early next year. The multi-year deal covers a mix of 21st Century Fox assets that will be sold to Disney — including FX Networks and National Geographic — and those that will stay behind with the Murdochs’ new spin on Fox, including Fox Sports 1 and 2 and the 28 O&O stations reaching 17 major markets. AT&T gets live, on demand and streaming rights for DirecTV, the DirecTV Now OTT service and the dwindling U-verse telco service. AT&T has been de-emphasizing U-verse since it acquired DirecTV in 2015.

Fox News is the not covered in the new deal. AT&T already has a long-term deal with cable news powerhouse which in the past had negotiated most carriage deals separately from its Fox sibling cablers.

“We are pleased to have closed a...
(Excerpt) Read more at: Variety
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