Time Warner Cable Lost Customers but CBS Remained Unscathed During Blackout, According to Executives

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Time Warned COO Rob Marcus told investors today  at the Bank of America Merrill Lynch Media, Communications and Entertainment Conference that the 32-day blackout of CBS-owned stations and channels “depressed [new] connects and increased disconnects.” CBS President Les Moonves said at the same conference today in regards to the blackout, “You will see at our 3rd quarter earnings that there was no harm done to CBS Corporation” and “It didn’t hurt us one iota financially.”

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