Dish Network remains last major SportsNet holdout, following DirecTV deal
Time Warner Cable (NYSE: TWC) said late Thursday that DirecTV (Nasdaq: DTV) agreed to launch Time Warner Cable SportsNet, leaving Dish Network (Nasdaq: DISH) the last major holdout for the regional sports network that carries Los Angeles Lakers games.
DirecTV also launched the RSN's Spanish-language sister network Time Warner Cable Deportes. The top satellite TV provider is carrying SportsNet on channel 691, while Deportes is available on channel 458.
DirecTV subscribers in Southern California have missed seven Lakers games since the beginning of the season. The games have been available on Verizon (NYSE: VZ) FiOS TV, Charter Communications (Nasdaq: CHTR), AT&T (NYSE: T) U-verse TV and Cox Communications cable systems. Time Warner Cable has reportedly been demanding affiliates pay nearly $4 monthly per subscriber to carry SportsNet and Deportes, but the companies didn't disclose terms of the agreement.
"We appreciate our customers' patience and are happy to have arrived at an outcome that benefits everyone involved. We know that our customers will enjoy the great programming of these three franchises for many years to come," DirecTV Chief Content Officer Dan York said in a statement.
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