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Disney warns Verizon Fios customers of potential blackout

Customers to Verizon Communications Inc.'s Fios service could soon lose access to several Walt Disney Co.-owned TV networks if the companies fail to reach a new carriage deal.

Disney has begun airing ads on networks such as ESPN (US) and Freeform (US) to warn Fios customers of the potential blackout, Variety reported Dec. 26. "Our proven history of providing extraordinary value to consumers and distributors is unmatched. Our negotiations continue in earnest and we remain optimistic that we can reach a deal,” Disney reportedly said in a statement. The affected channels also include ABC (US) stations WABC in New York and WPVI in Philadelphia.

In its statement, Verizon said: "We are actively negotiating with Disney to ensure the best deal for our customers."

The current contract between the parties is set to end at 5 p.m. on Dec. 31.