Network programming expected to resume on the cable giant's systems in New York, Los Angeles, and Dallas by 3 p.m. PT Sunday. September 2, 2013 2:36 PM PDT (Credit: Mari Benitez/CNET) CBS and Time Warner Cable announced Sunday they had reached a content carriage agreement, ending a month-long blackout that cut off millions of the cable giant's subscribers from the network's programming. CBS Corp., which owns CNET, said in a statement that it expects its programming to resume on Time Warner systems in New York, Los Angeles, and Dallas by 3 p.m. PT today. Terms of the deal were not revealed. CBS CEO Les Moonves said that although the dispute went on longer than expected, the new contract was worth the fight. "This was a far more protracted dispute than anyone at CBS anticipated, but in spite of the pain it caused to all of us, and most importantly the inconvenience to our viewers who were affected, it was an important one, and one worth pursuing to a satisfactory conclusion," Moonves said in a memo to CBS employees. "That has been achieved. The final agreements with Time Warner Cable deliver to us all the value and terms that we sought in these discussions." CNET has contacted Time Warner for comment about the deal and will update this report when we learn more. After weeks of negotiations and multiple deadline extensions, CBS programming in the three markets went dark on Time Warner's systems on August 2 after the two companies failed to come to terms on fees the cable company must pay to carry the broadcaster's programming in the three markets. more to come...
Network programming expected to resume on the cable giant's systems in New York, Los Angeles, and Dallas by 3 p.m. PT Sunday.
(Credit: Mari Benitez/CNET)
CBS and Time Warner Cable announced Sunday they had reached a content carriage agreement, ending a month-long blackout that cut off millions of the cable giant's subscribers from the network's programming.
CBS Corp., which owns CNET, said in a statement that it expects its programming to resume on Time Warner systems in New York, Los Angeles, and Dallas by 3 p.m. PT today. Terms of the deal were not revealed.
CBS CEO Les Moonves said that although the dispute went on longer than expected, the new contract was worth the fight.
"This was a far more protracted dispute than anyone at CBS anticipated, but in spite of the pain it caused to all of us, and most importantly the inconvenience to our viewers who were affected, it was an important one, and one worth pursuing to a satisfactory conclusion," Moonves said in a memo to CBS employees. "That has been achieved. The final agreements with Time Warner Cable deliver to us all the value and terms that we sought in these discussions."
CNET has contacted Time Warner for comment about the deal and will update this report when we learn more.
After weeks of negotiations and multiple deadline extensions, CBS programming in the three markets went dark on Time Warner's systems on August 2 after the two companies failed to come to terms on fees the cable company must pay to carry the broadcaster's programming in the three markets.
more to come...
