Comcast, DirecTV Finally Reach Deal for Versus
After a nearly seven-month absence, Versus has returned to the DirecTV lineup following an agreement between the satellite provider and Versus’ parent company, Comcast.
The two finally struck a deal after months of bitter fighting over Versus’ carriage fees and programming tier. DirecTV, which boasts over 18.5 million subscribers, was unwilling to pay Comcast’s proposed price increase from 21 cents to 26 cents per-month, per subscriber. On the other side, Comcast was upset over DirecTV’s attempt to move Versus from a package of channels that reached the majority of its subscribers to a specialty tier that reaches just 6.3 million customers. According to the Los Angeles Times, the new deal keeps Versus on the current tier and financial terms are similar to those from the previous deal, which expired last summer.
The Companies also came to an agreement over carriage disputes concerning Comcast RSNs in Northern California and New England.
For the full story, click here.