Time Warner Cable Drops CBS for Few Minutes as Talks Go On

Tuesday, 30 Jul 2013 10:02 AM

By Clyde Hughes

  Comment  |
   Contact  |
|  A   A  
  Copy Shortlink
Time Warner Cable pulled the plug on CBS channels in New York City, Los Angeles and Dallas/Fort Worth Monday night, but for only minutes before turning the network back on, as the two companies continued to squabble over cable fees.

Sources told the Hollywood Reporter that talks bogged down on Monday, leading the cable operator to announce it would block out the Smithsonian Channel and pay channels Showtime, TMC, Flix along with the signals for the CBS local stations in New York, Los Angeles and Dallas/Ft. Worth.

The networks were back on as quickly as they were off, with Time Warner issuing an announcement that negotiations were continuing.

Latest: Do You Support Giving Illegals Citizenship? Vote Here Now

"At the request of CBS, we have halted going dark on their channels," said a Time Warner press statement obtained by the Hollywood Reporter. "I'll update you when I have more information I can share. Thanks very much for your patience everyone."

In an update at 5 a.m. ET Tuesday, a Time Warner spokesperson said  the two companies had agreed to an extension until Friday 5 p.m. ET while negotiations continue.

CBS News reported that 3 million customers were affected. Time Warner has complained about what it calls "outrageous demands for fees" by CBS, according to CBS News.

"We offered to pay reasonable increases, but CBS's demands are out of line and unfair -- and they want Time Warner Cable to pay more than others pay for the same programming," Time Warner Cable said in a statement, according to CBS News.

CBS accused Time Warner Cable of having a "short-sighted, anti-consumer strategy."

The Associated Press reported that the continued disagreement revolves around how much Time Warner Cable pays for the right to retransmit signals from the CBS-owned stations.

Editor's Note: Should ObamaCare Be Repealed? Vote in Urgent National Poll

"As we've said, we feel like we should be paid for our programming," CBS chief executive Les Moonves told the AP at the Television Critics Association meeting Monday before the temporary blackout.

Selling retransmission rights is a major revenue stream for broadcast networks. Research firm SNL Kagan told the AP that it estimates retransmission fees will reach $3 billion industry-wide this year and will double to $6 billion by 2018.

Related stories:

CBS Reporter Says Computers Were Compromised

CBS' Schieffer Blasts Snowden: Heroes Don't Flee to China

© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact  |
  Copy Shortlink
Send me more news as it happens.
Get me on The Wire
Send me more news as it happens.
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
Zip Code:
Privacy: We never share your email.
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
You May Also Like

Passengers Push Plane on Icy Russian Runway (With Help of a Tractor)

Wednesday, 26 Nov 2014 20:45 PM

Passengers on a Russian plane got off to push the aircraft to help get it on the runway after it began slipping on ice i . . .

Bernie Tiede, Convicted Murderer Mortician, to Get New Sentencing

Wednesday, 26 Nov 2014 17:39 PM

Bernie Tiede, the mortician who was convicted of killing his companion Marjorie Nugent in 1996, will receive a new sente . . .

Chrysler Pentastar Logo Getting Phased Out With FCA Formation

Wednesday, 26 Nov 2014 15:51 PM

Chrysler's iconic Pentastar logo is being phased out as the company introduces a new logo in keeping with the newly form . . .

Top Stories

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

America's News Page
©  Newsmax Media, Inc.
All Rights Reserved