Monday, August 28, 2006

EchoStar Settles with Network Affiliates

Nate Mook writes on BetaNews:

In response to a U.S. Supreme Court decision to reject an emergency stay of an injunction that would prevent it from rebroadcasting local TV channels to rural areas, EchoStar has agreed to pay $100 million to a group of network affiliates.

Fox, however, has refused to accept the deal.

More here.

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