Fox Says No To Cablevision Offer
First it seemed there was no chance Cablevision and Fox would settle their differences today. And then Cablevision said it was okay to pay Fox a butt load of cash… but only for one year. And now, we learn Fox has rebuffed this last-minute attempt to end the stand-off in time for Game 1 of the World Series.
For a comment, we once again go to Charles Schueler, Cablevision’s executive vice president of communications:
On behalf of our customers, we are very disappointed that we offered News Corp. what they asked to be paid for Fox 5 and Fox 29 and News Corp. has said no. It is now clear beyond a shadow of a doubt that News Corp. is operating in bad faith. We call on the FCC to intervene immediately to restore the Fox signals to Cablevision’s 3 million homes and order News Corp. to agree to binding arbitration to resolve this conflict.
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