Verizon Gets Franchise License in New York, Strikes Carriage Pact With WWE

Sep 27, 2005  •  Post A Comment

Telephone giant Verizon Communications made two announcements Tuesday that go toward bolstering the company’s new video service, striking a content agreement with World Wrestling Entertainment and securing its first franchise license in New York.

The franchise agreement means Verizon can begin offering its FiOS video product in Massapequa Park, N.Y., a community on New York’s Long Island — smack in the middle of Cablevision System’s main service area.

The approval by the Massapequa Park Board of Trustees is subject to ratification by the New York Public Service Commission.

Verizon has already received franchise approvals from communities in California, Virginia, Florida and Texas.

In addition, the Texas Legislature passed a bill allowing Verizon and rival SBC Communications to obtain franchise licenses at the state level, eliminating the need to negotiate with each community where it wants to offer the FiOS service.

Meanwhile, Verizon added to its video offering by striking a carriage agreement with WWE’s on-demand service WWE 24/7, the first U.S. television distributor to carry the service. The service is now available in Verizon’s test market of Keller, Texas, and features content selected from WWE’s 75,000-hour library.