Below is the statement issued by WABC-TV:
"ABC7 and Cablevision have made significant progress and have reached an agreement in principle that recognizes the fair value of ABC7, with deal points that we expect to finalize with Cablevision. Given this movement, we're pleased to announce that ABC7 will return to Cablevision households while we work to complete our negotiations."
WABC-TV had gone off Cablevision at midnight Saturday in a dispute over re-transmission fees. After two years of negotiations, the two sides had been unable to reach an agreement.
WABC Cablevision customers in Long Island, Westchester, Brooklyn, the Bronx, and selected suburbs of Connecticut and New Jersey were impacted.
Details of agreement were not released.
"It is a deal that is fair to our customers and in line with our other programming agreements," Cablevision Systems Corp. spokesman Charles Schueler said.
"We are very grateful to our customers for their support and pleased to welcome ABC back," he added.
