Neo TV fails to renew contract with Fox Kids

Neo TV has failed to reach a commercial agreement with Fox Kids, a channel owned by Disney, because of currency depreciation against the US Dollar. The contract between Fox Kids and the programming purchase co-op hasn?t been renewed. As a result, pay-TV distributors will start pulling the channel from their lineups in October. It will be a gradual process because various contracts with different expiration dates are involved. Disney is a shareholder in TVA, so a different solution might be found in that case.

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