Verizon Communications said Monday that it has reached a deal to pay CBS a fee
for each subscriber who watches any of its ten owned-and-operated stations
carried on Verizon's home TV service. Although terms were not disclosed,
published reports said that the fee will be about 50 cents, about the same
amount as cable operators pay to carry leading cable channels. Some analysts
indicated that the deal also will help CBS increase its leverage to secure
payment from cable channels, which traditionally have carried network
programming for free.