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04-04-2012 08:20 PM #1
DIRECTV and Tribune Reach Agreement
DIRECTV and Tribune Reach Agreement For Retransmission of Tribune's Local Channels and WGN America
EL SEGUNDO, Calif.--(BUSINESS WIRE)-- DIRECTV and Tribune have reached a retransmission consent deal for DIRECTV to continue carrying all of Tribune's local stations and WGN America for the next five years. Terms of the deal were not disclosed.
"We're pleased that Tribune and their creditors now recognize that all DIRECTV wanted from day one was to pay fair market rates for their channels," said Derek Chang, executive vice president of Content, Strategy and Development, DIRECTV. "It's unfortunate that Tribune was willing to hold our customers hostage in an attempt to extract excessive rates, but in the end we reached a fair deal at market rates similar to what we originally agreed to on March 29. On behalf of our customers, we are very happy to close the deal and put this behind us."
Tribune restored all of their local signals and WGN America to DIRECTV customers at approximately 9 p.m. ET.
Five million American homes blacked out from their local broadcaster cries out for an examination in Washington, D.C of the decades old telecom law that encourages these impasses.
04-04-2012 08:24 PM #2Bourbon Tester
two thumbs up for those of us that said less than one full week!! LOL
great info ScottDirecTV HR22, H21, H23, HR20, Sanyo PLV-Z 119", Acer H5360 106", Samsung PN51D450 51", Insignia NS-51P680A12 51", Onkyo TX-NR708, Onkyo HT-R550, Yamaha RX-Z, Sony BDP-S570, Sony PS3 (x2), D-Link Gigabit Network, ViaTalk Unlimited Everything VoIP ($13/mo)
04-04-2012 08:28 PM #3
Umm....im still seeing the negotiation slate on WGN 307
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04-04-2012 08:32 PM #4
04-04-2012 08:33 PM #5Dish Member 1999-2008 vip622 & vip211, Directv Member since 2008 HR34-700, HR24-500 am21 & HR20-700 swm lnb, Sirius Member 2003-2012
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04-04-2012 08:33 PM #6