Tags: cbs | dish | blackout

CBS Says Dish Poised to Black Out Network as Contract Expires

Tuesday, 18 Nov 2014 12:55 PM

 CBS Corp. said Dish Network Corp. looks poised to black out its programming when a contract between the broadcaster and satellite-TV service ends Nov. 20.

“Dish appears willing to drop the most popular programming in its entire channel lineup because it won’t negotiate the same sort of deal that other cable, satellite and telco companies have struck with CBS,” New York-based CBS said today in a statement.

Charlie Ergen, co-founder of Dish, has taken a hard line in talks for rights to programming from companies like CBS. His company, the No. 3 U.S. pay-TV service with about 14 million subscribers, blacked out channels from Time Warner Inc.’s Turner Broadcasting, including CNN and the Cartoon Network, in a dispute that began in October. Ergen said this month Turner is seeking a double-digit percentage increase in fees for CNN, while viewership is down by half.

CBS, the most-watched TV network, fell 0.8 percent to $52.47 at 11:37 a.m. in New York. Dish, based in Englewood, Colorado, gained 0.4 percent to $65.56.

To contact the reporter on this story: Rob Golum in Los Angeles at rgolum@bloomberg.net To contact the editors responsible for this story: Anthony Palazzo at apalazzo@bloomberg.net James Callan, John Lear

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CBS Corp. said Dish Network Corp. looks poised to black out its programming when a contract between the broadcaster and satellite-TV service ends Nov. 20."Dish appears willing to drop the most popular programming in its entire channel lineup because it won't negotiate the...
cbs, dish, blackout
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2014-55-18
Tuesday, 18 Nov 2014 12:55 PM
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