Many of the agreements between Tennessee businesses have an expiration date in order to allow the parties to either continue or leave the relationship. If the parties wish to continue their contractual relationship, the renegotiation of the contract will commence. However, if the parties have trouble reaching an agreement, one party may stop providing goods or services for a variety of reasons.
For instance, FOX and Dish Network TV are currently in a dispute regarding “carriage” rates that has resulted in a blackout of the stations in question. A blackout means that Dish Network TV customers will not have access to the stations. During this Time, FOX could lose advertising and other revenues it ordinarily receives.
For now, only customers in certain major markets are without the channels, but this same situation could arise in Tennessee’s markets as well. A representative for Dish Network says that the negotiations are progressing, but that FOX has been unreasonable. FOX claims that Dish Network blacked out the stations as a negotiating tactic. Both parties could be right.
While each party has the right to protect its rights and interests, negotiation is all about compromise, and reaching one that satisfies both parties often needs to occur in a timely and efficient manner. Ordinarily, both parties lose time, money and effort by continuing their disputes. Not only is getting back down to business important, but protecting the working relationship is as well.
Each party wanting to be right can easily cloud the renegotiation of the contract, which is actually one of the least important parts of the process. The parties may want to make sure they are not arguing this point when they ought to focus on ending up with a contract with which they are both satisfied. There could be a better way to bring an amicable end to the conflict. Often, the parties only need to take the time to find it.