ESPN and Verizon have settled the 2015 breech of contract suit the sportscaster filed against Verizon after the telco moved it off the FiOS-TV service basic skinny bundle that was created in an effort to lure Millennials and other cord nevers and cutters to the operator.
After nearly a year of negotiations, the suit – filed in the Supreme Court of the State of New York – is a wrap, but neither side it saying what award – if any – was made.
Instead, they released a (very) short press release that said, essentially, the two will continue to work together.
“We have a long-standing relationship with Verizon,” said Sean Breen, SVP, affiliate sales, Disney and ESPN Media Networks. “We look forward to working with them to provide great content to consumers for years to come.”
Verizon, for its part, acknowledged ESPN “is an important partner,” and that “We look forward to further collaborating with them to deliver customers content across all of our platforms.”
Disney is set to release its quarterly earnings today after the market’s close, and all eyes will be on ESPN’s performance hoping there’s no repeat of last year’s huge customer loss.
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