All the news was that it required a new contract between Fox and the providers and both Dish and Directv were holdouts until yesterday.
If the bloomberg story is correct, I'm glad that FOX Cable Networks agreed to honor the terms cableops had with FCN regarding the carriage of SPEED as I believe FCN's word should be their bond to those operators who are contracted for SPEED to some date beyond August 17th.
If FCN wanted to get a higher carriage fee at launch, they should not just rename SPEED as FS1 but rather launch FS1 as a brand new channel and not re-negotiate SPEED when the cableops contracts came up for renewal.
Sure, FCN will have to see lower revenue for the life of the deal of SPEED contracts with the various providers, but they will have a opportunity at some point to have to re-negotiate the FS1 contract and can get higher carriage fees then.