I was watching Sprint Cup practice and I see at the bottom of the screen that Directv will drop Speed, FX & National Geographic Channel Nov 1st. What the hell? Thats 3 of my favorite channels.
I found this on Bloomberg Business..I'm sure they'll work it out. Look what happened to Dish when the lost FX last year. People bailed like crazy.
That is a big chunk for Fox to lose if they stick to the 40% rate increase.“The stakes are high since DirecTV has about 19 million subscriber homes, a little under 20 percent of News Corp.’s market that it would lose audience and advertising dollars for,” said David Joyce, an analyst at Miller Tabak & Co. in New York.