Advertisement
 
Friday, August 28, 2015
Amsterdam, NY ,

 

Advertisement

CBS chief exec says cable fee dispute unresolved

Monday, July 29, 2013 - Updated: 2:28 PM

BEVERLY HILLS, Calif. (AP) — A dispute with Time Warner Cable was unresolved as a deadline loomed involving the availability of stations in three major markets, CBS Corp. chief executive Les Moonves said Monday.

If it’s not settled, six CBS TV stations could go dark for around 3 million Time Warner Cable customers in New York, Los Angeles and Dallas.

CBS Inc. and Time Warner Cable Inc. are in the public spat over fees in the markets.

Moonves told the Television Critics Association the deadline to resolve the dispute is 5 p.m. EDT Monday. 

The disagreement centers mainly on how much Time Warner Cable pays for the right to retransmit signals from the CBS-owned stations.

Also involved is a possible blackout of CBS-owned Showtime for Time Warner Cable customers nationwide who pay extra for it.

Discussions were continuing and Moonves said he hopes the stations don’t go dark.

“As we’ve said, we feel like we should be paid for our programming,” he said. He declined to offer further details, saying he didn’t want to negotiate in public.

Dozens of blackouts have occurred nationwide in fee fights over the years, but many get resolved at the last minute.

Selling retransmission rights has become a big business for broadcasters such as CBS. Research firm SNL Kagan estimates retransmission fees will reach $3 billion industrywide this year and double to $6 billion by 2018.

Time Warner Cable has said it’s resisting a fee hike demand by CBS so prices don’t go up for customers. CBS said Time Warner Cable isn’t agreeing to terms that its competitors have accepted.

If the fight continues, some Time Warner Cable customers could lose access to new episodes of “Under the Dome” and the 15th season of “Big Brother.” Both are available online after a slight delay.

     

Comments made about this article - 0 Total

Comment on this article

Advertisement
Subscribe to The Recorder

 

The Recorder Sports Schedule

 

The Recorder Newscast

Most Popular

    Area high school sports calendar
    Monday, August 24, 2015

    Officials contest connector study's promise to boost property values
    Saturday, August 22, 2015

    Grant: All students will eat for free at the GASD
    Saturday, August 22, 2015

    Antonella Cassella
    Thursday, August 27, 2015

    Council will seek vendor for city bus
    Saturday, August 22, 2015

    Main Street
    Saturday, August 22, 2015

    NY Rising aid Flood-prone Fort Plain is getting $2M
    Monday, August 24, 2015

    Emma Jane Terplak
    Wednesday, August 26, 2015

    Amsterdam festival is Saturday: City to celebrate Ukrainian heritage
    Wednesday, August 26, 2015

    NY man convicted in X-ray weapon plot against Muslims
    Saturday, August 22, 2015

Advertisement

Copyright © McClary Media, Inc.

Privacy Policies: The Recorder

Contact Us

Twitter

Instagram

Facebook