Jul
30
After a Long Night and a Brief Blackout, CBS and Time Warner Cable Keep Talking
Posted in: Uncategorized
CBS Corp. and Time Warner Cable executives were up late last night trying to reach a carriage agreement. But after a series of one-hour extensions, threatening statements and a brief blackout of CBS by Time Warner Cable in some areas, the two agreed to yet another extension in the early morning hours.
The companies have now given themselves until Friday at 5 p.m. ET to reach a deal.
The negotiators may have lost count of extensions at this point. They had already pushed back the deadline for an agreement twice after Time Warner Cable’s deal to carry CBS and Showtime expired at the end of June.
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