2 years, 2 months ago
Why did cable vision subscribers lose channel 7?
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There is a contract dispute between ABC and Cablevision. The Disney Co. who owns the ABC network cut off service to the city's 3.1 million Cablevision customers after the two sides failed to reach a deal. ABC officials acted on their threat to pull the channel unless Cablevision agreed to pay a rights fee to offer the top-rated station to its subscribers.
Cablevision on the other hand blamed the stall in negotiations on Disney CEO Bob Iger.
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"It is now painfully clear to millions of New York area households that Disney CEO Bob Iger will hold his own ABC viewers hostage in order to extract $40 million in new fees from Cablevision," said Charles Schueler, a Cablevision executive vice president.
Cablevision on the other hand blamed the stall in negotiations on Disney CEO Bob Iger.
---quote---
"It is now painfully clear to millions of New York area households that Disney CEO Bob Iger will hold his own ABC viewers hostage in order to extract $40 million in new fees from Cablevision," said Charles Schueler, a Cablevision executive vice president.
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