Fox Sports 1 Avoids Disaster, Strikes Deals With DirecTV, Time Warner, And Dish
The deals comes just three days before Fox Sports 1 is set to launch and avoids a situation in which 40 million homes would be without FS1's much-anticipated debut.
It appears that the major sticking point in negotiations was cable subscriber fees. Fox Sports 1 will replace Fox's Speed Channel which cost cable and satellite providers about 23 cents per subscriber. According to Flint, Fox was seeking 80 cents per subscriber for FS1.
For comparison, ESPN has the largest per-subscriber fee of any network. ESPN is charging providers $5.54 per subscriber. In 2011, the average cable network charged 23 cents per subscriber.
It is unclear what the providers have agreed to pay FS1, and according to Flint, the final details are still being worked out. But this is good news for those that were eager to see the debut of ESPN's biggest competition to date.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
- 10 Best tourist places to visit in Ladakh in 2024
- Invest in disaster resilience today for safer tomorrow: PM Modi
- Apple Let Loose event scheduled for May 7 – New iPad models expected to be launched
- DRDO develops lightest bulletproof jacket for protection against highest threat level
- Sensex, Nifty climb in early trade on firm global market trends