They have become role-playing players in a growing number of contractual disputes between the owners of broadcasters and the major pay-TV providers AT-T and Dish Network. August 29, 2019 – Nexstar Media Group, Inc. (Nasdaq: NXST) (“Nexstar”) and AT-T (NYSE: T) have entered into a new multi-year extension agreement to provide customers with AT-T video platforms in 97 U.S. markets from nexstar and local broadcast channels. Too bad there is no agreement. I think it is a decision of a species. I should be able to pay for channels from wherever I want them. Is there anything that can be done to recover these stations in the future? This decision is not at all satisfied. AT-T and Fox Networks Group have tacitly entered into a comprehensive extension agreement for most of Fox Networks Group`s channels on the DirecTV and U-verse platforms. Nexstar, based in Texas, which owns, operates, programs or provides services to 174 total stream television stations that reach, operate, program or provide services to 39 percent of U.S. households – says it has offered DirecTV an agreement to keep the channels on its services for a price comparable to what has been offered to other major distributors.
“It is essential for our customers to have access to television channels on the network, especially during this global pandemic,” said Tim McKone, Executive Vice President of Federal Relations at AT-T. “This agreement allows important workers, such as oil rigs and long-distance trucks, to stay in touch with information and information. We appreciate Fox for bringing consumer interests to the forefront, and we hope that other networks will follow suit. Sports media observers, including the awfulannouncing.com website, were right to suspect that the on-screen truce indicated a likely breakthrough, and they were right. An AT-T source, who did not wish to be named on Thursday, confirmed that the two sides had agreed in principle and had avoided a blackout. Payment services and their lobby group are calling on consumers to support a U.S. House of Representatives bill that, among other reforms, would ban power outages from local chains for 60 days after contracts expire and allow the FCC to compel the parties to reach an agreement through binding arbitration. “Nexstar`s commitment is to provide exceptional programming and service to the local communities we serve in the U.S., and this new multi-year agreement will allow us to continue to provide our channels` core network and sports content, as well as local news and other programming to AT-T subscribers in our markets,” said Keith Hopkins, Senior Vice President, Distribution Nexstar Media Group. Inc.
Both distributors stated that they were open to negotiation, despite their public disagreements, in the midst of contract negotiations. “Our customers want more choice and added value, and we`re pleased to do so with this new agreement with Nexstar and its many local broadcasters,” said Rob Thun, senior vice president of content and programming at AT-T Communications. Northwest Broadcasting President and CEO Brian Brady said in July in a statement posted on KAYU-TV`s website, DirecTV, after a year of negotiations, insisted on amending a lengthy disposition of their agreement and dictating the terms of how the channel could manage its business and grow in the future. AT T and Nexstar regret the inconvenience caused to customers, viewers and advertisers, and we thank them for their patience, as the new agreement has been reached.