Fox/Dish: The Rich Get Richer

FTVLive told you yesterday that Fox News and Dish Network had ended their retrans dispute and FNC has returned to the Dish bird.

The multiyear agreement ends a three-week fight between Dish and Fox News parent company 21st Century Fox. Fox Business Network, which was also dropped by Dish, has been restored as well.

As we predicted, the terms of the new deal weren’t disclosed. However, people familiar with the talks said Dish is paying a significant increase for Fox News, which is one of the most popular networks, not just among news channels but entertainment and sports services as well.

According to research firm SNL Kagan, the average monthly fee for Fox News is currently about $1.00 per subscriber. Under terms of the new pact, the price Dish would pay would rise to an average fee of around $1.50 per-subscriber, per-month, people familiar with the matter said.

Dish is also going to distribute Fox Business Network to more of its subscribers, the people said, and give it a channel position near Fox News as part of the agreement.

What does that mean if you are a Dish customer?

Eventually, your satellite bill will be going up.

H/T Wall Street Journal