Comcast and Fox Corp. have come to terms on a broad carriage agreement covering all of Fox’s cable channels, including Fox News, and its O&O local TV stations.
The long-term deal is significant for Fox Corp. given the importance of Comcast’s distribution footprint to core earnings. The pact covers authenticated streaming rights to Fox properties that will include what the companies described as “state of the art dynamic advertising.” “We are pleased to extend our longstanding and productive partnership with Comcast so that millions of Xfinity customers will continue to enjoy Fox’s leading sports, entertainment and news programming for years to come,” said Michael Biard, Fox’s president of operations and distribution.
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