Comcast and Fox Corp. announced a long-term renewal agreement for all of Fox’s channels, including Fox Television Stations, Fox News Channel, Fox Business, FS1, FS2, BTN, and Fox Deportes.
The deal also provides Xfinity customers the Comcast retransmission of Fox stations, video-on-demand, and TV rights everywhere for the networks, enabling the usage of Xfinity Stream, Fox’s sports, news and Now apps, all of which have large advertising insertion capabilities.
Despite losing 733,000 video subscribers in 2019, Comcast remains one of the country’s largest Pay-TV and broadband providers with 21.25 million video subscribers, including 966,000 business subscribers. The provider’s total number of customers rose by 372,000 to 31.5 million in Q4, as more people use its high-speed internet. At the end of last year, high-speed users totaled 1.4 million.