After the usual huffing and puffing in public, DirecTV and Fox Networks finally reached a carriage agreement about six hours before channels such as FX, Nat Geo, and 13 regional sports networks would have been blacked out on the satellite provider.
As an added bonus for both companies, the deal covers carriage for all News Corp. properties, including 27 local TV stations and Fox News Channel and Fox Business Network, even though the deals for those were not due to expire for months.
Terms of the deal were not disclosed, though DirecTV had publicly accused News Corp. of wanting a 40 percent fee increase, which Fox denied.
"We both know the past 10 days have been challenging, but we're pleased that both sides could eventually come together to ensure our viewers continue to enjoy Fox programming," the two companies said in a joint statement.
DirecTV is not done with its retransmission negotiations. Its agreement with Belo for carriage of the broadcaster's 20 TV stations in 18 local markets—including Dallas, Houston, and St. Louis—is up Tuesday.