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Verizon Comes Close to Dumping Disney Channels

But the two companies hash out a deal
By Newser Editors and Wire Services
Posted Dec 30, 2018 3:15 PM CST
This April 23, 2018, file photo shows the logo for Verizon above a trading post on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew, File)

(Newser) – Verizon customers can continue to watch ESPN, ABC, and other channels owned by Disney after the two companies announced a deal over programming fees, the AP reports. The telecommunications giant and the entertainment company say in a joint statement Sunday: "Verizon and The Walt Disney Company have reached a broad-based distribution agreement." The statement says details will be released in the coming days. The companies faced a Dec. 31 deadline. Without an agreement, Verizon's Fios network would have stopped carrying Disney channels. (Disney played a role in holding back next week's copyright bonanza.)

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