After more than a year of negotiations, Comcast, the country's third-largest cable operator, and Walt Disney Co. have agreed to a new contract under which Comcast will carry Disney's ABC station and the Disney channel on its cable systems.

The deal averts a repeat of last year's episode in which another cable operator, Time Warner Cable, blacked out stations in several major markets when it could not reach an agreement with Disney. Comcast owns stations in several major markets, including Chicago, New York, Philadelphia and Los Angeles.

Source: Studio Briefing