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Time Warner Cable CEO Offers Proposal to Settle CBS Dispute

Monday, 05 Aug 2013 03:43 PM

Time Warner Cable Inc., which blacked out CBS Corp.’s networks on its cable system last week after a breakdown in negotiations, said it’s willing to resolve the dispute by offering CBS’s channels on an a-la-carte basis.

Time Warner Cable Chief Executive Officer Glenn Britt said in a letter to CBS CEO Les Moonves that he would resume carriage of the broadcaster’s programming if stations are made available to customers one by one. Subscribers could then choose which channels they wanted and at a separate price for each, and the money would go directly to CBS, Britt said.

“This way, rather than our debating the point, we would allow customers to decide for themselves how much value they ascribe to CBS programming,” Britt said in the letter.

Time Warner Cable stopped broadcasting CBS to more than 3 million viewers in New York, Los Angeles, Dallas and other markets on Aug. 2. The two sides have sparred over the fees that CBS charges to retransmit shows over Time Warner Cable’s system, as well as other issues, such as how content can be streamed over the Internet.

In addition to its namesake channel, CBS’s networks include Showtime and the Smithsonian Channel.

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Time Warner Cable Inc., which blacked out CBS Corp.'s networks on its cable system last week after a breakdown in negotiations, said it's willing to resolve the dispute by offering CBS's channels on an a-la-carte basis.
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Monday, 05 Aug 2013 03:43 PM
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