Multichannel News
Insight Communications and Raycom Media reached a three-year retransmission agreement covering three of Raycom's stations serving the cable operator's subscribers in Kentucky and Indiana. The deal covers two NBC affiliates -- WAVE in Louisville, Ky., and WFIE in Evansville, Ind. -- and WXIX, the Fox affiliate in Cincinnati and Northern Kentucky. The previous agreements were due to expire Friday. Insight is the ninth-largest U.S. MSO with 766,200 customer relationships in the three contiguous states of Kentucky, Indiana and Ohio.
Ad Age
Major League Baseball and Anheuser-Busch have kissed and made up. After both sides filed lawsuits against one another, MLB and A-B announced a multi-year renewal of arguably one of the greatest sports/marketer partnerships ever. The announcement comes less than 36 hours before the current deal was set to expire Dec. 31. Financial terms were not disclosed, but it is expected MLB will receive slightly more than the estimated $10 million a year it got from A-B on the previous agreement. A-B will continue to have exclusive rights to the MLB logo and game footage as the Official Beer Sponsor …
AP
DirecTV satellite subscribers around the country will continue to receive network TV stations owned by Hearst Corp. after the two companies reached a new deal over the fees that DirecTV pays the broadcasting company to carry stations on its lineup. Terms were not disclosed. The original deal would have expired at midnight Friday, and subscribers in Boston, Pittsburgh, Baltimore and other markets could have lost Hearst-owned stations on DirecTV. Hearst owns 29 local TV stations, which include affiliates of all the major networks except Fox. Many of these negotiations over fees have been going down to the wire …
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