Verizon Communications Inc. (VZ) has warned its Fios TV customers that they could lose access to ESPN and the Disney Channel if the company is unable to reach a new carriage agreement with Walt Disney Co. (DIS) before the end of the year.
In an email sent to Fios customers on Wednesday, Verizon said it has been negotiating a renewal agreement with Disney to keep their networks, including those from Disney and ESPN, as well as ABC affiliates in Philadelphia and New York, in its Fios lineup. However, the company added that Disney has rejected its offers.
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