On Wednesday, Cincinnati Bell Fioptics announced that they will continue to provide FOX cable channels to all the customers, a part of the new agreement. This new deal comes right after the Cincinnati Bell announced that they are negotiating with FOX last week, informing the customers through letter mentioning FOX was demanding a 20% increase in the present rates.
Following this statement, FOX accused the National Cable Television Cooperative of fabricating the crisis and putting its own business objectives ahead of the needs of its members and their respective customers. The National Cable Television Cooperative, a non-profit organization that represents more than 750 cable companies has been representing several independent cable companies.
The official statement passed by FOX accused the NCTC of “putting its own business objectives ahead of the needs of its members and their respective customers. FOX also mentioned that they offered a short-term agreement to each participating NCTC cable company at risk of losing the FOX network.
These channels include FOX News Channel, FOX Business, FOX Sports (1 & 2) along with the addition of Big Ten Network as well as FOX Broadcast Video On Demand.
Josh Pichler, Cincinnati Bell spokesperson said that since 2009, FOX Cable have increased their rates over 200%.
While it is clear that the new agreement has been signed and that Cincinnati Bell is continuing to provide the FOX channels to the customers, the terms remain unclear.
