FiOS agrees to pay retransmission fees for ABC broadcasts

Verizon (NYSE: VZ) FiOS will join other MVPDs (multichannel video programming distributors) and start paying a retransmission fee to Walt Disney Co. (NYSE: DIS) to carry ABC broadcast television.

The ABC retransmission agreement is part of a wider deal that FiOS has with Disney to carry multiple layers of ESPN, ABC cable channels and Disney programming. It also opened the way for FiOS subs to have computer and mobile device access to ESPN, ESPN2, ESPNU and ESPN Buzzer Beater (think there's a brand recognition thing going on there?) feeds. Terms were not disclosed.

For more:
- Bloomberg has this story

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