Hearst, DirecTV reach deal on programming fees
NEW YORK (AP) -- Hearst and DirecTV say they've signed a new contract on programming fees. Without a deal by Friday, DirecTV subscribers around the country could have lost one of their network TV channels.
Hearst Corp. owns 29 local TV stations in Boston, Pittsburgh, Baltimore and other markets. They include affiliates of all the major networks aside from Fox.
The company says it reached a deal Thursday with DirecTV on how much the satellite company will pay for the right to include those stations in its channel lineup after midnight Friday. Terms have not been disclosed.
Meanwhile, Sinclair Broadcast Group is still wrangling with Time Warner Cable Inc. over the same issue. Its 33 stations that could go dark for Time Warner customers after the same New Year's deadline.