Cablevision Reaches Deal for NFL Channels

by Christopher Freeburn | August 17, 2012 8:58 am

Cablevision Reaches Deal for NFL Channels

Cablevision (NYSE:CVC[1]) subscribers who like to watch football are about to get two new options[2].

The National Football League has negotiated a multiple-year deal to bring its NFL Network and RedZone channel to the pay-TV service, according to Bloomberg.

Subscribers can get access to the NFL Network starting today.

Neither party revealed the financial terms of the deal.

With Cablevision on board, only one major cable TV service, Time Warner Cable (NYSE:TWC[3]), has not come to an agreement with the NFL over the channels.

Analysts cited by Bloomberg noted that the NFL had maintained complete control over the new networks and was hammering out deals with TV service providers on its own. The new football season kicks-off on September 5.

Time Warner Cable representatives said that talks with the NFL were on-going and that a deal had almost been agreed to previously, but had unraveled before it could be finalized.

NFL representatives, however, contradicted that, saying that negotiations with Time Warner had topped and the two sides remained far apart.

Endnotes:
  1. CVC: http://studio-5.financialcontent.com/investplace/quote?Symbol=CVC
  2. are about to get two new options: http://www.businessweek.com/news/2012-08-16/nfl-reaches-deal-with-cablevision-to-show-nfl-network-redzone
  3. TWC: http://studio-5.financialcontent.com/investplace/quote?Symbol=TWC

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