CBS Corporation & Time Warner Cable Reach Content Carriage Agreement; Programming to Resume by 6PM Monday

Categories: 1-Featured,Broadcast TV,Cable TV,Network TV Press Releases

Written By

September 2nd, 2013

cbs-logo-wide

via press release:

CBS CORPORATION AND TIME WARNER CABLE REACH CONTENT CARRIAGE AGREEMENT

 

Deal Includes Retransmission Consent for CBS Owned Stations and Carriage of Showtime, CBS Sports Network and Smithsonian Channel

 

Programming to Resume by 6 PM, ET Today

 

NEW YORK- September 2, 2013 - CBS Corporation (NYSE: CBS.A and CBS) and Time Warner Cable and Bright House Networks have reached an agreement for carriage of CBS owned stations on Time Warner Cable systems across the country, as well as Showtime Networks, CBS Sports Network and Smithsonian Channel, it was announced today by representatives for the companies. Programming on all networks will resume at 6:00 PM, ET today.  Though specific terms of the deal are not being disclosed, 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.)

 

About CBS Corporation

CBS Corporation (NYSE: CBS.A and CBS) is a mass media company that creates and distributes industry-leading content across a variety of platforms to audiences around the world. The Company has businesses with origins that date back to the dawn of the broadcasting age as well as new ventures that operate on the leading edge of media. CBS owns the most-watched television network in the U.S. and one of the world’s largest libraries of entertainment content, making its brand – “the Eye” – one of the most recognized in business. The Company’s operations span virtually every field of media and entertainment, including cable, publishing, radio, local TV, film, outdoor advertising, and interactive and socially responsible media. CBS’s businesses include CBS Television Network, The CW (a joint venture between CBS Corporation and Warner Bros. Entertainment), Showtime Networks, CBS Sports Network, TVGN (a joint venture between CBS Corporation and Lionsgate), Smithsonian Networks, Simon & Schuster, CBS Television Stations, CBS Radio, CBS Outdoor, CBS Television Studios, CBS Global Distribution Group (CBS Studios International and CBS Television Distribution), CBS Interactive, CBS Consumer Products, CBS Home Entertainment, CBS Films and CBS EcoMedia. For more information, go to www.cbscorporation.com.

 

About Time Warner Cable

Time Warner Cable Inc. (NYSE: TWC) is among the largest providers of video, high-speed data and voice services in the United States, connecting more than 15 million customers to entertainment, information and each other. Time Warner Cable Business Class offers data, video and voice services to businesses of all sizes, cell tower backhaul services to wireless carriers and managed and outsourced information technology solutions and cloud services.  Time Warner Cable Media, the advertising arm of Time Warner Cable, offers national, regional and local companies innovative advertising solutions. More information about the services of Time Warner Cable is available atwww.twc.com, www.twcbc.com andwww.twcmedia.com.

 

 
  • http://tvbythenumbers.com Sara Bibel

    Those of you who were confident that dispute would be miraculously resolved by the start of football season called it right!

  • CBSviewer

    Finally :)

  • scifi

    Money does solve everything

  • Someone

    It doesn’t matter how long the outage was, it doesn’t matter of the terms, the customer will always lose and see a basic cable increase on his bill.

  • DenverDean

    Between College Football and NFL, it was certain it was going to happen this week. I wonder how TWC will let its customers know.

  • Flame

    Of course a deal would be struck before the new Season starts. We just may never know who caved for how much.

  • CBSviewer

    I think CBS won’t see any differences. I mean their ratings didn’t drop and TWC doesn’t represent too much money for a multi-billion company like CBS.

  • Tom

    Now if only Time Warner would reach an agreement with the owners of my local NBC affiliate (Journal Communications), I wouldn’t have to drag out an antenna for Sunday Night Football.

  • chris

    I told you this would be resolved by the time football started up, in the end both sides will screw us out of even more money.

  • Igwell

    The deal wasn’t struck before the college football season started.

  • Simon Jester

    The NY Times suggests the agreement tilted heavily in CBS’s favor. Since the network was seeking an increase to about $2 per subscriber, up from $1, TWC subscribers can expect a rate increase to compensate. As always, the real loser in this spat will be the consumer.

  • Michael

    There was no way CBS was going to let this go into the NFL season. Football is a money making machime and there was no way the network was going to lose viewers and money.

  • jacob

    We all knew when the deal would be struck. It didn’t seem to hurt Under the Dome. Go AFC!

  • PurpleDrazi

    There is nothing a good football game can’t fix! :-)

  • Ultima

    @Michael
    There was no way CBS was going to let this go into the NFL season. Football is a money making machime and there was no way the network was going to lose viewers and money.

    There was no way that TWC was going to let this go into the NFL season. Football is extremely popular and there was no way the service provider was going to risk a mass exodus of its customers.

  • Ultima

    @chris
    in the end both sides will screw us out of even more money

    A cable subscription is a luxury; if you don’t think it’s worth the price, then stop paying for it.

    It may come as a shock, but prices of good and services don’t remain constant, they rise and fall based on a variety of factors.

    Adults accept this and make adjustments to their lifestyle when necessary, while children just whine about it.

  • Max Vrany

    @Ultima/chris, Cable network subscriber fees can only go one way: Up. If you don’t want to pay them, cut the cord and rig up an antenna.

    ESPN and Dish is the next big dispute. ESPN is currently ~$5.40/subscriber/month. They want over $8.00/subscriber/month.

  • Ultima

    @Max Vrany
    Cable network subscriber fees can only go one way: Up.

    Yes, but the cost of home television entertainment overall is going down. There are also significatly more options available (more networks, on demand, etc.) than there were in the past.

    Also, prices will tend to rise over time simply as a result of inflation, so you have to take that into account as well.

  • Joseph

    There are three letters and three words that explain why this deal was made:

    The three letters: N. F. L.

    The three words: New. York. Jets.

    Twelve of the Jets’ 16 regular-season games will be carried locally in New York buy CBS flagship WCBS-TV. Had this dispute gone on all season, Time/Warner Cable subscribers in New York would only have been able to watch four Jets’ games on TV this year: two on Fox-owned WNYW (home games against NFC teams Tampa Bay and New Orleans) and one game each on ESPN and the league-owned NFL Network.

    (So much for those “This week, the Jets are on Fox 5, and if you’re a Time/Warner Cable subscriber, it may be one of only four Jets’ games you’ll see on TV this year!” promos WNYW was probably putting together)

    Although CBS owns it’s Dallas/Fort Worth station KTVT, it will only carry two Dallas Cowboys games this year: The two home games against AFC teams (October 6th vs. Denver and Thanksgiving Day against Oakland). By contrast, ten of the Cowboys’ games are on Fox-owned KDFW; three are Sunday-night games on NBC-owned KXAS, and the other is a Monday-night game on ESPN.

  • Joseph

    I should have also noted that Los Angeles has no local NFL team. Had L.A. been the home of an AFC team this year, CBS-owned KCBS would likely have carried between ten and twelve regular-season games of an L.A.-based AFC team.

© 2014 Tribune Digital Ventures