Verizon removes Bloomberg TV after being asked to pay for content

New York

VERIZON Communications Inc has pulled Bloomberg LP's news network, Bloomberg TV, from 4.6 million of its pay-TV customers after the financial news provider asked the carrier to pay it for its content for the first time ever.

Verizon said it took down the news network last month because it did not want to pay for it when viewers can access it for free online. It remained unclear whether the companies could come to an agreement allowing the network to return to Verizon's customers.