Verizon reaches deal to continue carrying Disney channels

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FILE – This June 4, 2014, file photo shows signage at a Verizon Wireless retail store at Downtown Crossing in Boston. Verizon, the nation’s largest wireless provider, will stop offering phones at discounted prices when customers sign two-year service contracts, taking effect Aug. 13, 2015. (AP Photo/Charles Krupa, 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.

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