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Join Date: Oct 2010
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An argument over the price of content means that Fox's 12 channels can be turned off on Cablevision. This would take weekend baseball off the air. The two businesses have to come to an agreement by midnight on Friday. Should no agreement be reached, all the channels could be turned off. The amount a company ought to be paying for content is the debate at issue.
Article source - Cablevision and Fox in yet one more TV fee dispute by Personal Money Store. Costs cause a discussion between Fox and Cablevision There was a simple argument that Fox and Cablevision were arguing about. This argument was about the price Cablevision is willing to pay for the Fox content. Each year, Fox TV gets $70 million from Cablevision. This is for 12 channels total. The same channels might cost more for Cablevision if Fox TV's owner, NewsCorp, gets what it wants. It was hoping the exact same channels would get it $150 million this year. If Cablevision does not agree to pay that amount, NewsCorp has said it will turn off Fox Television to Cablevision customers. Attempting to arbitrate the Cablevision/Fox dispute Arbitration is what Cablevision has called for. This is how the argument over the price of content could easily be fixed. Fox has said that they absolutely won't enter arbitration. Fox and Newscorp say this would "reward Cablevision for refusing to negotiate fairly." Customers of Cablevision won't be able to view the 12 Fox channels anymore if the argument isn't fixed by midnight on Friday. What is the content worth? The argument between Cablevision and Fox comes down to one thing. The content's worth is in question. The reason why cable television companies are business is because of the content they provide. They are designed to cater to the customer's wants. The cable business is all about getting the content licensed. This makes other things possible. Content hostage is what content creators get to hold. There is practically a monopoly since one two cable television providers are accessible to customers many of the time. Some New York representatives claim that television ought to have a price control as it is a public service while others believe providers should have free will to set whichever price 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 |
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