Verizon, Hearst Television Reach Agreement to Avoid New Year’s Blackout

Verizon and Hearst Television reached a distribution agreement to stave off a New Year’s Day blackout of the broadcasting group’s channels on Fios TV in five markets. Terms of the agreement were not disclosed. The telco had alleged Hearst TV was demanding price hikes of more than 45% to carry the local channels. The companies’ […]