Dish and Univision End Stalemate, Announce New Long-Term Contract



[ad_1]

Dish Network and Univision Communications ended a nearly eight-month stalemate and announced a new long-term distribution agreement.

The companies said the restoration of Univision networks and stations on DishLatino and Dish would begin immediately. By the end of 2018, Dish had 12.3 million pay-TV subscribers, including 2.4 million for its "lean-packet" service, provided by Internet, Sling TV. He was one of the first to offer US television broadcasts for US viewers, whose size and purchasing power have increased dramatically since the launch of DishLatino in 1998.

The settlement follows a sharp thaw in the public position of Univision and Dish. In recent corporate earnings calls, key executives said they have made progress in their discussions. Dish chairman Charlie Ergen said the blackout, which began last July, was "probably permanent". Ergen compared Univision's progress in recent weeks and the lack of movement in a similar outage with HBO. The first in the history of the premium network came into effect last fall and has not been resolved yet.

Separately, the companies agreed to settle all outstanding litigation between the two companies.

"We want to thank our Dish customers for their patience as we work to reach a fair deal for all parties, especially our customers," said Dish CEO Carl. "For over 20 years, Dish is the leader in our industry serving the US Hispanic community. Today's announcement demonstrates our commitment to providing quality content to the right value."

"We are delighted to have reached an agreement with Dish that recognizes the value of our top rated networks and stations," said Univision CEO Vince Sadusky. "We are eager to provide new customers of Dish DishLATINO and the content & # 39; news, sports and entertainment that & # 39; they love. Thank you to our loyal audience for your unwavering support. "

[ad_2]

Source link