After the licensing deal between the two companies failed, ABC removed its programming from the cable operator just hours before the much anticipated Oscar ceremonies. Below is the email Cablevision sent out to its customers regarding the dispute:
"We regret to inform you that ABC's parent company has decided to pull WABC-7 off Cablevision, even though we pay them more than $200 million dollars a year for their group of networks"
ABC's argument is that Cablevision charges its customers for access to ABC content but does not give ABC any of that money while Cablevision says they already pay Disney (which owns ABC) more than $200 million per year.
Money is the root of all evil...
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