Verizon and the owner of local affiliate Fox 25 have reached a long-term settlement over a fee dispute that will restore access to the station for more than 400,000 FiOS customers in Massachusetts, officials said.
Verizon and Cox Media Group, the new owner of WFXT-TV (Fox 25), settled the dispute Wednesday night, restoring access to the station for Massachusetts customers following a Fox 25 blackout on Thanksgiving Day.
“We appreciate our customers’ patience and loyalty throughout the negotiation process,” Verizon said in a statement. “The agreement Verizon has reached contains terms that are in the best interests of Verizon and our customers.”
Details of the agreement were not released late Wednesday night.
FiOS customers lost access to the station last week after the companies were unable to agree on the fees Verizon pays Cox to carry the station.
Verizon officials attributed the dispute to the acquisition of Fox 25 by Cox as part of a station swap with Rupert Murdoch’s Twenty-First Century Fox in October.
Fox 25 said in a statement that it is pleased to be back on FiOS.
“We apologize to our viewers for any disruption that this dispute caused, and we thank Verizon FiOS for its willingness to continue working with FOX 25 to reach an agreement that is favorable for both companies and all of our viewers,” FOX 25 said in a statement.
Rachel Riley can be reached at email@example.com.