DirecTV may lose ABC, CBS, NBC affiliates owned by Gannett
Gannett Broadcasting is warning DirecTV (Nasdaq: DTV) subscribers that they may lose the feeds from ABC, CBS and NBC affiliates that it owns in 23 markets unless the satellite TV provider agrees to pay increased retransmission-consent fees by Friday.
"Over the past weeks, we have been in intense negotiations with DirecTV to reach a fair, market-based deal. Gannett has never had service disruption with a major carrier. However, with the November 30, deadline approaching, we have a responsibility to inform our viewers of the possibility of a signal disruption," Gannett said in a statement released late Wednesday. The company's TV stations in Denver, Minneapolis, Cleveland, Phoenix and other cities also began running crawls about the dispute with DirecTV.
Gannett signed a long-term agreement with DirecTV rival Dish Network (Nasdaq: DISH) last month. Dish had complained that Gannett was demanding a 300 percent increase in retransmission-consent fees.
Meanwhile, Charter Communications (Nasdaq: CHTR) subscribers may lose the feeds from CBS, Fox, NBC and ABC affiliates owned by LIN TV unless it signs a new retransmission-consent deal today.
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