Verizon Inks Carriage Agreement With NBCU

Apr 18, 2005  •  Post A Comment

Telecommunications giant Verizon Communications on Monday added NBC Universal Cable to the growing roster of content providers supplying programming to the company’s new phone line-based video service, striking a carriage agreement Monday with NBC Universal Cable.

Financial terms of the deal weren’t disclosed. The agreement calls for NBCU Cable to grant distribution rights to Verizon for Bravo, CNBC, CNBC World, MSNBC, Sci Fi, ShopNBC, Telemundo, Telemundo’s local broadcast stations, and mun2, a Spanish-language channel aimed at young Latinos living in the United States. Trio, the struggling cable network that last year was excluded from a carriage deal with satellite operator DirecTV, was also included in the Verizon carriage agreement.

The pact also grants Verizon retransmission consent rights to NBCU’s owned-and-operated broadcast stations and for Universal HD, a high-definition TV network that features films, TV shows, performing arts, sports and special events.

Monday’s deal with NBCU Cable is the latest struck by New York-based Verizon, which is set later this year to introduce its video service Fios, which delivers television content through fiber-optic telephone lines.

Just last week Verizon inked its first premium pay TV distribution deal with Starz Entertainment Group and in December reached a carriage agreement with Discovery Communications.