Time Warner drops CBS, then halts decision

Published on NewsOK Modified: July 30, 2013 at 1:40 am •  Published: July 30, 2013
Advertisement
;

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

"As we've said, we feel like we should be paid for our programming," CBS chief executive Les Moonves told the Television Critics Association earlier Monday.

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.



Trending Now


AROUND THE WEB

  1. 1
    Angels won't cap former OU pitcher Garrett Richards' innings
  2. 2
    McDonald's Allegedly Fires Mom Whose Daughter Played Outside While She Worked
  3. 3
    Verizon: We track you, you get free stuff
  4. 4
    Is this Apple's new iWatch?
  5. 5
    Survey: Users unhappy with Facebook
+ show more