Time Warner Cable Removes CBS In Major Cities
Time Warner Cable has dropped CBS in New York, Los Angeles, and other major cities after negotiations between the companies failed to reach a deal. The blackout started at 5PM Eastern time. CBS and Time Warner’s deal expire over a month ago. The deal was extended several times to allow time for negotiations.
Time Warner and CBS has been negotiating over fees to be paid by Time Warner Cable for the rights to carry CBS. CBS accused Time Warner Cable of negotiating in a combative and nonproductive way.
“It’s become clear that no matter how much time we give them, they’re not willing to come to reasonable terms,” stated Time Warner.
According to The Wall Street Journal, around 3 million subscribers were expected to be affected by a blackout.
Time Warner Cable said that CBS demands fees in certain big cities that are much higher than what they pay in other areas of the country. CBS said that Time Warner Cable was refusing to negotiate deals at parity to what other cable, satellite, and telecom companies struck with CBS.