TWC and CBS reach deal to end blackout [telecom]

By Mike Dano, FierceCable, September 2, 2013

| CBS and Time Warner Cable have ended their month-long battle | over retransmission fees, announcing CBS programming will | return to Time Warner Cable and Bright House Networks | customers within 24 hours. | | The companies said the agreement includes retransmission | consent as well as Showtime Anytime and VOD for CBS stations | on Time Warner Cable systems in New York (WCBS and WLYW), Los | Angeles (KCBS and KCAL) and Dallas (KTVT and KTXA.) | | Terms of the deal were not disclosed, though it appears both | sides agreed to some degree of compromise. According to | financial research firm SNL, CBS was receiving between $0.65 | to $0.75 per subscriber per month from TWC before the | blackout, and had been pushing for an increase to $2 per | subscriber per month.

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The article concludes:

| The deal between TWC and CBS likely will set a new standard | for retransmission negotiations.

No doubt.

Neal McLain

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Neal McLain
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