Hearst Television and Cable One announced a deal Friday on the rates Cable One must pay to carry the national news distributor’s TV channels, according to a release from the Birmingham station that hung in the balance.
The negotiations over those carriage rates started ahead of a Dec. 31 contract deadline, according to spokespeople for both companies. Hearst reportedly wanted more than a 100 percent increase in the price per subscriber Cable One was to pay in the new contract, according to Cable One spokeswoman Trish Niemann.
No resolution was met before that December deadline, but the Hearst-owned NBC affiliate WVTM-13 in Birmingham never left the screens of Cable One customers. The internet, phone and cable TV provider still carried the channel with a contract extension.
The deal announced Friday affected Hearst stations in six television markets, according to the release.
“We value the opportunity to work with distribution partners like Cable One to bring local investigative journalism, breaking news and weather coverage,” Hearst president Jordan Wertlieb is quoted as saying in the release.