Cablevision and Fox in another TV charge argument

Weekend baseball accessible on Cablevision Fox channels might get turned off if the two companies cannot come to an agreement over fees. This is just the latest in the string of disputes over content licensing fees. Midnight on Friday is the deadline for the two corporations to come to an agreement. The amount a business ought to be paying for content is the debate at issue. Article resource – Cablevision and Fox in yet another TV fee dispute by Personal Money Store.

Cablevision and Fox battling over rates

The basic dispute between Cablevision and Fox is the price Cablevision is willing to pay for the content Fox provides. Each year, Fox TV gets $70 million from Cablevision. This is for 12 channels total. This year, NewsCorp which owns Fox Television has asked for $150 million for the exact same selection. If Cablevision does not agree to pay that amount, NewsCorp has said it will turn off Fox TV to Cablevision customers.

The Cablevision/Fox dispute in arbitration

Cablevision has tried to call for arbitration in the argument over the cost of content. Fox claims arbitration will never be considered. Newscorp claims for Fox that the point would be to “reward Cablevision for refusing to negotiate fairly.” Friday at midnight is when the dispute needs to be fixed by. If it isn’t fixed, then the 12 channels will no longer be accessible to Cablevision customers.

The question of content benefit

The argument between Cablevision and Fox comes down to one thing. The content’s worth is in question. The programming provided by content creators is the basis of what cable television businesses provide to customers. Licensing the content is the bread and butter of cable business. This makes other things possible. Content hostage is what content creators get to hold. In most areas of the country, there are only one or two cable television providers available to customers — so it is a near-monopoly on content. Some New York representatives claim that television ought to have a cost control as it’s a public service when others believe providers should have free will to set no matter what cost they want. Which is right?

Articles cited

MSNBC

msnbc.msn.com/id/35747720/ns/business-media_biz/

Physorg

physorg.com/news/2010-10-cablevision-fox-dispute-affect-baseball.html