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Disney And Verizon Reach Agreement On Contractual Dispute

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Disney And Verizon Reach Agreement On Contractual Dispute
If they hadn't made a deal, Verizon Fios customers might have lost Disney-owned channels like ESPN and ABC.
SHOW TRANSCRIPT

On Sunday, Verizon and Disney reached an agreement that will allow Disney-owned channels to continue to air on Verizon's Fios network.

The companies were involved in a contract dispute having to do with programming fees. If they hadn't made a deal, Fios' TV network would have to stop carrying Disney-owned channels like ESPN and ABC.

The dispute became public this week after Disney ran TV ads saying certain networks could be blacked out for Fios customers in January.

The terms of the agreement haven't been released yet, but Verizon said in a statement they'll be revealed "in the coming days."

Additional reporting from Newsy affiliate CNN.