Thursday, July 15, 2010
Averting a standoff over programming fees, AT&T Inc. says it has reached a deal to keep channels AMC, IFC and WE tv on the tube for its 2.3 million U-verse TV subscribers.
Last-minute negotiations with Rainbow Media, a subsidiary of Cablevision Systems Corp., resulted in a deal after the previous arrangement expired at midnight on Wednesday.
Both sides had agreed to keep the signals going while talks continued.
A disagreement could have resulted in U-verse TV subscribers in 22 states being unable to watch the season premiere of the popular AMC show "Mad Men" on July 25.
Terms were not released but AT&T said in a statement it was able to reach a "fair deal."