Cable TV viewers are once again getting screwed! Two of the richest companies in broadcasting are in disagreement over how much money should be paid out. Fox has pulled it’s on-air signal over a programming fee dispute with Cablevision. 3 million customers in Long Island, Westchester & New Jersey have been affected by the blackout.
Here’s an overview of the two companies.
Cablevision – Owned by Charles & James Dolan
Claim to fame – Notorious for withholding broadcast content to its customers over money, including refusing to carry Madison Square Garden Network, the Yes Network, the NFL Network, Food Network and HGTV, WABC and now WNYW and WWOR. Single-handly ruined New York’s bid for the 2012 Summer Olympics by funding an advertising campaign against the proposed construction of a stadium on the West Side of Manhattan and overbidding for property owned by the Metropolitan Transportation Authority (MTA), where the new stadium would have been located.
Fox – Owned by NewsCorp, Chairman Rupert Murdoch
Claim to fame – Known for it’s right slant on it’s news content (print and media). It’s most famous brands, the New York Post, Fox News Channel, Bill O’Reilly, Sean Hannity and Glenn Beck. Steadfast in it’s support of the Bush Administration during the Iraq conflict, despite the war’s economic and political toll. Bankrolled $1 million dollars to the Republican Governors Association to help defeat Democratic candidates in the November 2010 elections.
This is nothing new for broadcasters. Companies have been looking for ways to generate revenue in a drastically changing financial landscape. But in the case of these two behemoths, this is like two 12 year olds arguing over who should bat first.
Sounds like someone needs a timeout.