After a month of battling over fees, tri-state cable provider Cablevision and Scripps Networks Interactive have reached an agreement, bringing Food Network and HGTV back to three million subscribers yesterday.
Financial terms of the deal were not announced, but in the last month Food Network president Brooke Johnson said the channel weren’t asking for much. Johnson called the network’s additional fee requests “pennies on top of pennies,” explaining that the Scripps channels were only “trying to correct a historic mistake and be compensated for the value we think we bring to Cablevision’s customers.”
Bloomberg reports that Scripps sought a 200 percent increase to its annual fee for both networks (Food Network previously cost about 8 cents per subscriber per month on average) but Cablevision refused to pay up, claiming the costs would have to be passed on to subscribers.
“This has been a trying three weeks for all of us — most of all you, our loyal fans. We know that that many viewers have been disappointed and upset with the circumstances.”
Will Cablevision subscribers see apology commercials on Food Network, too? We’re guessing they’re just happy to have some of their favorite channels back.
Food Network president on failed Cablevision negotiations –Entertainment Weekly