- Comcast (NASDAQ:CMCSA) has reached an agreement to continue carriage of Fox News Channel (FOX, FOXA), averting a blackout that would have left millions of viewers without access to the popular network.
- Terms of the roughly four-year pact weren't disclosed, but sources said Comcast's monthly carriage fee for Fox News will exceed $1.50 per-subscriber initially, with annual increases.
- As part of the deal, the two have also come to terms on a new distribution agreement for the YES regional sports network, which is home to the New York Yankees, and 12 other Fox-owned regional sports channels.