CBS Corporation (NYSE: CBS. A and CBS) and AT&T* (NYSE: T) have entered into a new multi-year content transportation agreement to provide local and national CBS Sports Network and Smithsonian Channel radio channels to customers of At&T video-sharing platforms across the country. The communications company and the channel were unable to reach a new deal on Tuesday, resulting in the loss of more than 60 channels on DirecTV, AT&T U-verse and STREAMING SERVICE TV AT>T. "There`s no reason why these negotiations with DIRECTV and AT&T-Versets should be any different." Indianapolis DirecTV and AT&T U-verse Customers lost access to WTHR-13 due to a contractual dispute with WTHR`s parent company, Tegna. It`s also not the only new blackout that touched indianapolis spectators this week. TYSONS CORNER, Virginia & DALLAS — Tegna stations in 51 markets have become dark for AT&T DirecTV and U-Verse customers as the two sides have not been able to reach a retransmission agreement. The outage officially began around 7.m and December 1. Tegna, based in Tyson, Virginia, responded that its proposal to AT&T was "market-compliant," the company said in a statement to USA TODAY. The disagreement resulted in the loss of 164 local television channels owned by Nexstar.
AT&T is facing a lot of debt after spending $85.4 billion — yes, that`s a billion with a B — to buy Time Warner, and the company is reportedly under pressure to reduce its debt by up to $170 million. This led to buyout options for EMPLOYEES OF HBO and CNN. AT&T`s acquisition of HBO also led John Oliver to regularly mock his new parent company tonight, even though his recent problems did not come from AT&T. The channel`s power outages extended by 20 days to subscribers to AT&T`s TV platforms, after the two companies could not reach a mutual agreement in negotiations until July 20. "We understand what it may look like for our channel to unfairly raise our prices for DIRECTV and AT&T-U-Verse customers, but that`s simply not the case," the channel says. "Our prices are set by the market. WTHR has successfully negotiated contracts with all other suppliers in our region. In fact, in recent years, we have entered into hundreds of contracts with cable and satellite companies across the country. CBS Corp. and AT&T, DirecTV`s parent company, announced Thursday a multi-year content deal to transfer CBS`s own local broadcasters, including New York City and Philadelphia, as well as CBS Sports Network and Smithsonian Channel to offering direcTVs channels. The agreement provides for the retransmission of CBS` 26 channels in 17 markets, including New York, Los Angeles, Chicago, Philadelphia, Dallas, San Francisco, Boston, Atlanta, Tampa, Seattle, Detroit, Minneapolis, Miami, Denver, Sacramento, Pittsburgh and Baltimore. All that said, AT&T doesn`t seem inclined to give in either.
The company issued a statement explaining why it was maintaining its bid to CBS: the two parties were unable to reach an agreement until December 1, 7 p.m. Broadcasters are the established companies in our industry, and many think they deserve certain claims.. . .