Verizon, AMC Strike Retrans Deal
New Deal 'in Our Customers' Best Interests' Says Verizon
Verizon and AMC Networks have struck a new retransmission fee agreement for FiOS TV, avoiding any potential service blackouts. While networks like AMC have been trying to scare customers into calling their provider to avoid blackouts during fee negotiations, AMC recently took things one step further and started trying to scare FiOS customers
before negotiations really even began.
"AMC Networks has agreed to an agreement with Verizon that is both reasonable and in our FiOS TV customers' best interests," said Verizon in a statement.
"This means that there is no risk of losing any AMC Networks channels. We’ve worked hard on behalf of our FiOS TV customers to reach an agreement with AMC. We’ll continue to fight for our customers to ensure they continue receiving all of the great programming they've come to expect."
While FiOS customers won't lose channels, they have seen a steady stream of rate hikes from Verizon for both TV and broadband services over the last two years.