Cablevision makes new offer to News Corp.

WOODBURY - Cablevision made a new offer to News Corp. today to end the stalemate between the two companies.Cablevision officials say that they have agreed to pay the rate Fox charges Time Warner Cable for carriage of WNYW-Fox 5 New York and WTXF-Fox 29 Philadelphia for a period of one year. "This is higher than the rate we pay any other New York broadcast station," the statement released today by Cablevision read. "This solution is in the best interest of not only baseball fans but of all Cablevision and Fox viewers."

Cablevision officials say there has been "absolutely no movement by Fox" to end the standoff. News Corp. has been demanding more money from Cablevision to carry its network.

Cablevision says it's continuing to "negotiate in good faith" to stop the stalemate that's blacked out Fox 5 and My9 channels since Oct. 16.

Cablevision had also asked News Corp. to agree to binding arbitration, which the company rejected.

Cablevision Chief Executive Jim Dolan flew to Washington to meet the head of the Federal Communications Commission in hopes of brokering a deal.

Cablevision is the parent company of News 12 Long Island.

advertisement | advertise on News 12

Trending Video

News 12 Brooklyn hit the streets to ask 1 Word on the Street: GPS devices
2 VIDEO: Brooklyn Botanic Garden to host annual Sakura Matsuri Festival
Sea Cliff's Troy Ramey was voted off 'The 3 Elisa's Entertainment for 4/26
2 men set to be arraigned Thursday, after 4 Suspects to be arraigned after Suffolk bank robbery, pursuit
Heavy rain and strong winds Tuesday proved a 5 Rain, wind slam outdoor workers

advertisement | advertise on News 12


Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.