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DIRECTV & Fox Reach Deal!
By Swanni

Washington, D.C. (October 31, 2011) -- DIRECTV and Fox have announced that they have reached an agreement allowing the satcaster to continue carrying FX, the Fox Movie Channel and roughly two dozen other Fox-owned cable networks.

In addition, the two companies say the new agreement covers Fox broadcasting, the Fox local stations, Fox News Channel and Fox Business Network.

Fox and DIRECTV made the agreement just hours before a midnight deadline that could have forced the satcaster to remove the Fox cable networks. The new agreement also ends a very public and nasty fight between the two companies.

"
We both know the past ten days have been challenging, but we’re pleased that both sides could eventually come together to ensure our viewers continue to enjoy Fox programming," said a statement released tonight by DIRECTV and Fox.

The new agreement also covers Fox's local stations and the two Fox news channels. DIRECTV's agreement with the Fox-owned local stations and the news channels was scheduled to expire in two months.

The statement released tonight does not comment on the terms of the agreement. DIRECTV had said Fox was requesting a 40 percent increase to carry its channels; Fox denied that.

What do you think? Offer your comments below!

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