Business

Verizon reaches deal to continue carrying Disney channels

30 of December 2018

FILE- This April 23, 2018, file photo shows the logo for Verizon above a trading post on the floor of the New York Stock Exchange. Verizon customers can continue to watch ESPN, ABC and other channels owned by Disney after the two companies announced a deal over programming fees. The telecommunications giant and the entertainment company said in a joint statement Sunday: "Verizon and The Walt Disney Company have reached a broad-based distribution agreement." (AP Photo/Richard Drew, File),FILE- This April 23, 2018, file photo shows the logo for Verizon above a trading post on the floor of the New York Stock Exchange. Verizon customers can continue to watch ESPN, ABC and other channels owned by Disney after the two companies announced a deal over programming fees. The telecommunications giant and the entertainment company said in a joint statement Sunday: "Verizon and The Walt Disney Company have reached a broad-based distribution agreement." (AP Photo/Richard Drew, File)

Verizon customers can continue to watch ESPN, ABC and other channels owned by Disney after the two companies announced a deal over programming fees.

The telecommunications giant and the entertainment company said in a joint statement Sunday: “Verizon and The Walt Disney Company have reached a broad-based distribution agreement.”

The statement said details would be released in the coming days.

The companies faced a Dec. 31 deadline. Without an agreement, Verizon’s Fios network would have stopped carrying Disney channels.