It came down to the wire, but New York-area Cablevision viewers got their Oscar fix.
Disney/ABC restored service of its New York flagship, WABC, to Cablevision customers 10 minutes after the Oscars began, ending a day-long standoff.
We've made significant progress, and have reached an agreement in principle that recognizes the fair value of ABC7, with deal points that we expect to finalize with Cablevision," said WABC prexy/GM Rebecca Campbell. Given this movement, we're pleased to announce that ABC7 will return to Cablevision households while we work to complete our negotiations."
That means the affected 3 million subscribers were able to watch the Academy Awards live along with the rest of the country.
We are happy to report that WABC Channel 7 has returned to Cablevision's 3 million New York area homes," said Cablevision communications exec VP Charles Schueler. We are very grateful to our customers for their support and pleased to welcome ABC back."
Terms of the deal were not immediately revealed. It's believed that ABC was asking for around $1 a subscriber, while Cablevision was willing to give only a fraction of that.
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