Financial Times
A dispute between Fox and Cablevision highlights the pinch that networks and broadcasters feel as they struggle to adjust to shifting economics in the television business.
Fox, the television network owned by Rupert Murdoch‘s News Corp, is demanding that Cablevision more than double the annual fees it pays to carry three local TV stations and three small cable networks, from $70m to $150m.
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Cablevision balked at the steep rise and when the deadline for renewing the deal passed on Friday, Fox blacked out its stations to about 3m Cablevision customers in New York, Philadelphia and New Jersey. More…