DIRECTV Accepts Tribune's Terms for Broadcast Stations
EL SEGUNDO, Calif.--(BUSINESS WIRE)--
DIRECTV said today that it has accepted financial terms Tribune's
management offered to it by phone on Thursday, March 29 at 3:30 PM EST,
to carry their 23 local broadcast stations to ensure customers do not
lose their programming when the agreement with Tribune expires tonight
at midnight.
"We accept the rate proposal Tribune set forth on Thursday for the local
channels and look forward to completing this agreement," said Dan
Hartman, senior vice president of Programming. "While we have been
negotiating in good faith for two months, we believe Tribune's viewers
and our customers are best served by making sure the local stations
remain on our service without disruption first and will then negotiate a
separate agreement for WGN America."
About DIRECTV
DIRECTV (NASDAQ: DTV) is one of the world's leading providers of digital
television entertainment services delivering a premium video experience
through state-of-the-art technology, unmatched programming and industry
leading customer service to 32 million customers in the U.S. and Latin
America. In the U.S., DIRECTV offers its 19.9 million customers access
to more than 170 HD channels and Dolby-Digital® 5.1 theater-quality
sound, access to exclusive sports programming such as NFL SUNDAY
TICKET™, Emmy- award winning technology and higher customer satisfaction
than the leading cable companies for 11 years running. DIRECTV Latin
America, through its subsidiaries and affiliated companies in Brazil,
Mexico, Argentina, Venezuela, Colombia, and other Latin American
countries, leads the pay-TV category in technology, programming and
service, delivering an unrivaled digital television experience to 12
million customers. DIRECTV sports and entertainment properties include
three Regional Sports Networks (Northwest, Rocky Mountain and
Pittsburgh) as well as a 60 percent interest in Game Show Network. For
the most up-to-date information on DIRECTV, please visit www.directv.com.
DIRECTV
Darris Gringeri, 212-205-0882
DAGringeri@directv.com
Robert
Mercer, 310-964-4683
RGMercer@directv.com
Source: DIRECTV
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