DISH Sues NBC for Breach of Contract, Expects to File for Arbitration

  • Comcast-NBCUniversal merger conditions created binding arbitration framework

"In the event of arbitration, affected programming would remain available during that process, and for the foreseeable future."

ENGLEWOOD, Colo.--(BUSINESS WIRE)--DISH issued the following statement regarding current distribution renewal negotiations with NBCUniversal.

“NBC’s public statements against DISH over the past 24 hours are in violation of the contract between the two companies. Today, DISH filed a breach of contract lawsuit against NBC to address those violations.

"DISH has successfully negotiated agreements representing numerous networks in recent months that benefit all parties, including our viewers. DISH’s goal is to reach a mutually beneficial deal with NBC.

"However, based on NBCU's actions to date, DISH currently expects to file for arbitration, which would prevent NBC from blacking out DISH customers.

“Under the conditions imposed by the FCC and Department of Justice in approving the Comcast-NBCUniversal merger, NBC is forbidden from blacking out its networks if a pay-TV provider chooses, in its sole discretion, to exercise its right for binding arbitration. Regulators implemented these conditions to prevent Comcast and NBC from harming consumers and competition.

"In the event of arbitration, affected programming would remain available during that process, and for the foreseeable future."

About DISH

DISH Network Corp. (NASDAQ:DISH), through its subsidiaries, provides approximately 13.897 million pay-TV subscribers, as of Dec. 31, 2015, with the highest-quality programming and technology with the most choices at the best value. DISH offers a high definition line-up with more than 200 national HD channels, the most international channels and award-winning HD and DVR technology. DISH Network Corporation is a Fortune 250 company. Visit www.dish.com.

Contact:

DISH
John Hall, 303-723-1968
johnw.hall@dish.com
@DISHNews

Category:

Tuesday, March 15, 2016 12:42 pm MDT

Dateline:

ENGLEWOOD, Colo.

Public Company Information:

NASDAQ:
DISH