NewsNation, the new home of disgraced CNN anchor Chris Cuomo, could be dropped from millions of homes by the end of this week if its parent company Nexstar cannot reach an agreement with cable provider Verizon Fios.
, could be dropped from millions of homes by the end of this week if its parent company Nexstar cannot reach an agreement with cable provider Verizon Fios., Verizon stated that its “contract with Nexstar ends on October 14, 2022 and your Fios TV package contains Nexstar channels,” adding that it is currently “working hard to negotiate with them to reach a new agreement.”
Aside from fledgling cable outlet NewsNation, Nexstar is the majority owner of The CW and controls nearly 200 local U.S. television stations. Fios, meanwhile, has about three million subscribers along the east coast. If the two sides don’t reach an agreement, NewsNation and 15 Nexstar-owned stations in markets including Philadelphia, Washington, D.C., and New York would be impacted.
A Verizon spokesperson, however, said the media conglomerate “has proposed an immediate and unacceptable rate increase” to carry its channels, claiming it was part of a longstanding pattern of behavior. The statement continued: “We have been working for some time to come to fair terms with Nexstar and will continue to work diligently to reach a fair agreement on behalf of our customers as we will not stand for this. If Nexstar does not agree to fair terms by October 14, 2022, their stations may temporarily be removed from Fios.”
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