After weeks of negotiations, Dish Network and Nexstar Media Group have reached an agreement. This comes as a relief to millions of Dish Network customers who were at risk of losing access to Nexstar`s 164 local broadcast stations.

The dispute began when Nexstar demanded higher fees for its content, a common issue in the media industry. However, Dish Network argued that Nexstar`s fees were too high and didn`t accurately reflect the value of its channels. The disagreement resulted in Nexstar`s broadcast channels being blacked out on Dish Network`s services since December 2, 2020.

The agreement, which was announced on December 24, 2020, reinstated Nexstar`s local stations, such as ABC, CBS, NBC, FOX, and CW, to Dish Network`s lineup. This means that millions of Dish Network subscribers can now access their favorite local news, sports, and entertainment programming.

The terms of the agreement were not disclosed to the public, but it`s likely that Nexstar will receive a higher fee for its content. Nonetheless, both parties seemed happy with the outcome.

“We`re pleased to have reached an agreement that benefits all parties, especially our customers,” said Brian Neylon, Group President at Dish TV. “We thank our customers for their patience and loyalty as we worked to reach a mutually beneficial solution.”

Perry A. Sook, Chairman, and CEO of Nexstar Media Group, also expressed his satisfaction with the deal, saying, “We appreciate the patience and loyalty of our viewers and advertisers and are grateful for the opportunity to serve them again.”

The resolution of this dispute is good news for Dish Network and Nexstar, as well as their respective customers and viewers. It`s also a reminder of the importance of negotiations and compromise in the media industry – where content is king, but fair pricing is also crucial.