Forum Views ()
Forum Replies ()
Read more with google mobile :
Fox, Time Warner Cable reach deal to avoid blackout
|
Edition:
U.S.
Article
Comments (4)
Save
Email
Print
Reprints
Most Popular
Most Shared
Obama ties failed plane attack to al Qaeda
2:31am EST
Pakistan volleyball blast kills 88
| Video
1:55am EST
U.S. business group accuses Obama of shorting Taiwan
01 Jan 2010
Thousands in new year Hong Kong march for democracy
01 Jan 2010
Iraq: U.S. Blackwater case dismissal "unacceptable"
01 Jan 2010
Q+A-Healthcare, economy, security on Obama's 2010 agenda
31 Dec 2009
Hundreds of cars torched in France at New Year
01 Jan 2010
U.S., foreign officials to discuss airport security
31 Dec 2009
FACTBOX-20 biggest U.S. placement agents
22 Apr 2009
Theater owners name Sandra Bullock 2009's top star
31 Dec 2009
Fox, Time Warner Cable reach deal to avoid blackout
Yinka Adegoke
NEW YORK
Fri Jan 1, 2010 9:42pm EST
Related News
Fox, Time Warner Cable ink deal to avoid blackout
Fri, Jan 1 2010
Time Warner Cable, Fox at impasse; blackout looms
Thu, Dec 31 2009
Time Warner Cable could OK arbitration with Fox
Wed, Dec 30 2009
News Corp says Fox likely to go off Time Warner Cable
Wed, Dec 30 2009
AOL shares dip in debut, as Time Warner's rise
Thu, Dec 10 2009
NEW YORK (Reuters) - Time Warner Cable on Friday reached a deal to keep carrying Fox Networks programing after the companies negotiated through New Year's Day to avoid a blackout of TV shows like "The Simpsons" and college and NFL football games in 13 million U.S. homes.
U.S. | Entertainment
The No. 2 U.S. cable carrier and Fox, a News Corp unit, announced the deal after an 11th-hour contract extension following months of negotiations that failed to produce a deal ahead of a midnight deadline.
Terms were not disclosed in a joint statement announcing the deal, and neither side would share details.
The dispute had focused on how much Time Warner Cable should pay for the right to deliver the Fox network, which is broadcast for free over public airwaves, to its cable subscribers in big cities like New York and Los Angeles.
News Corp, controlled by media mogul Rupert Murdoch, had been targeting around $1 a month per subscriber, a sum Time Warner Cable had called "unreasonable". Time Warner Cable did not say what it had offered, but privately, executives had pointed to deals with smaller broadcasters for around 20-25 cents a subscriber.
In a short joint statement News Corp deputy chairman Chase Carey described the new agreement as "fair" and said it "recognizes the value of our programing".
Time Warner Cable Chief Executive Glenn Britt described the new contract as a "reasonable deal".
Time Warner Cable was also negotiating on behalf of privately held cable company Bright House Networks, which is covered by the deal.
Both companies had waged aggressive marketing campaigns seeking support from the affected subscribers, but neither side was well-positioned for a long standoff.
Time Warner Cable faces stiff competition for video customers from satellite providers and phone companies, and would have been reluctant to lose popular shows like "American Idol" which returns to Fox on Jan 12.
But Fox risked a loss in advertising revenue if more than 13 million homes were not able to see its shows.
Meanwhile, the prospect of sports fans being unable to watch college and NFL football games on Fox's free-to-air broadcast has attracted attention from the U.S. Federal Communications Commission Chairman Julian Genachowski and members of the U.S. Congress.
OTHER CABLE DISPUTES
Earlier on Friday, Time Warner Cable agreed to a short extension of its existing contract with Scripps Networks Interactive's Food Network.
But another cable operator, Cablevision Systems Corp, with 3 million subscribers in the New York area, said it had been unable to reach a new carriage agreement with Scripps and dropped both Food Network and HGTV, the home and garden programer.
Cablevision said in a statement it had "no expectations" of carrying Scripps programing again.
The last-minute negotiations over how much cable operators pay networks to distribute their programing are often contentious. In 2008, Time Warner Cable went to the wire with Viacom Inc on New Year's eve in a similar dispute.
In the last 12 months talks between cable operators and program providers have become even more tense. Programmers have been seeking better affiliate fees as they have seen advertising revenue hurt by the U.S. economic downturn and remain uncertain about the future of TV advertising as more marketers turn to the Web.
(Reporting by Yinka Adegoke; Editing by David Gregorio)
U.S.
Entertainment
Comments
See All Comments (4) | Post Comment
Jan 02, 2010
Read several stories about New York City at http://storyburn.com. Why Fox has to charge $1 per subscriber when CBS is getting $.50 is beyond me
voomies
Report As Abusive
Jan 02, 2010
Reuters News . You are so Bias in your coverage and your allowance of comments . How can you say you are balanced ? I’ll bet this doesn’t get print .
Feds
Report As Abusive
Jan 02, 2010
Well Feds, you were wrong – your comment was printed. I’ll bet you’re sad that it did. How is this article biased? Because it makes News Corp look bad? Like money grubbers? That’s not because the article is biased, buddy – that’s the cold hard facts showing the cold hard truth.
bobSmith
Report As Abusive
Jan 02, 2010
I wonder who caved…
pale2hall
Report As Abusive
See All Comments (4)
Add a Comment
More from Reuters
Pictures of the Decade
Pictures
OUTLOOK 2010:
Unsafe havens, big returns?
Underdeveloped, illiquid, unstable ... if you can stomach the risks, these diamonds in the rough look set to pay off. Full Article
BRICs winning global investment race
Global Investing
Pictures of the Year
A girl receiving the H1N1 vaccine and breathtaking saves in a soccer game are among the indelible Reuters images of the year. Slideshow
The biggest moments in entertainment
Pictures
© Copyright 2010 Thomson Reuters
Editorial Editions:
Africa
Arabic
Argentina
Brazil
Canada
China
France
Germany
India
Italy
Japan
Latin America
Mexico
Russia
Spain
United Kingdom
United States
Reuters
Contact Us
Advertise With Us
Help
Journalism Handbook
Archive
Site Index
Video Index
Analyst Research
Mobile
Newsletters
RSS
Podcasts
Widgets
Your View
Labs
Thomson Reuters
Copyright
Disclaimer
Privacy
Professional Products
Professional Products Support
Financial Products
About Thomson Reuters
Careers
Online Products
Acquisitions Monthly
Buyouts.com
Buyouts Europe:
Buyouts Conferences:
Venture Capital Journal
ECVJ
International Financing Review
International Securitisation Report
Project Finance International
PEhub.com
PE Week
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
Other News on Saturday, 2 January 2010 Opposition head Mousavi says Iran in "serious crisis"
Ultra-Orthodox Jews make rare visit to Gaza
U.S., Britain try to shore up Yemen security
|
Iraq regrets U.S. Blackwater case dismissal, may sue
Brazil mudslides, floods kill 44 after heavy rain
|
Finnish mall shootings not random: police
|
Kidnapped French journalists in Afghanistan alive
|
Eritrean rebels say kill 25 government troops in attacks
|
Hundreds of cars torched in France at New Year
|
Former hostage Moore arrives back in Britain
|
Police: Suicide bombing kills 75 in NW Pakistan
Google executive running for Vermont governor post
Thousands line up for Pasadena's Rose Parade
More civilian deaths claimed in Afghanistan
Clinton donor list doesn't say who gave in '09
Family of woman slain by officer awarded $2.5M
Afghan cash-for-weapons program leads to tips
Youth trek from Miami to DC for immigrant rights
Pakistan: Suicide bomb kills 25 at volleyball site
Iraq takes steps to 'bring Blackwater to justice'
Pakistan: Suicide bomb kills 20 at volleyball site
Pakistan: Suicide bomb kills 3 at volleyball site
Mummers strutting in Philly as rain holds off
Officials: Cruise ship passenger jumps overboard
Law enforcement deaths for 2009 reach 125
December 1st month without US combat death in Iraq
New Hampshire's Gay Marriage Law Takes Effect
Review: Met stages dark, powerful new 'Carmen'
Watchman questioned in France over stolen painting
Poland launches Chopin bicentenary celebrations
Turkey wants the remains of old St Nick
Get Your Gun? Wizards' Teammates Reportedly Had Locker Room Dispute
Filipinos To Get Encore Blue Moon In January
Abbas may review security ties after Israeli raid
Danish police arrest man trying to kill cartoonist
Danish cartoonist home attacker had terror links
|
Iran's Mousavi ready to die for opposition cause
US-TECH Summary
Pakistan volleyball blast kills 88
|
Afghan parliament starts voting on new cabinet
|
Iraqis outraged as Blackwater case thrown out
Afghan authorities distance themselves from CIA 'black ops'
Abbas may review security ties after Israeli raid
|
Kidnapped French journalists in Afghanistan alive
|
Taiwan's Asustek to free up subsidiary by June
Electrical outage causes Calif. hotel evacuation
Tobacco-rich NC bans smoking in bars, restaurants
Obama takes daughters for shave ice treat
FBI: Police fatally shoot suspected kidnapper
Airport pat-downs often ineffective security stop
More than 600,000 Chinese visited Taiwan in 2009: media
Philippines lowers alert level at restive Mayon volcano
Philippine volcano calming; thousands head home
Judge tosses Blackwater case, Iraqis angry
Japan's emperor greets New Year crowds
US mine deaths hit record low of 34 in 2009
Nine dead in China fireworks factory blast: media
Australian ruling party has solid lead
1 dead, 4 injured in Wis. snowmobile accident
Pakistan volleyball blast kills 88
88 dead after suicide car bomb at Pakistan volleyball game
Labor chief moves on job safety, workers' rights
Major militant attacks in Pakistan since October
Taiwan's Asustek to free up subsidiary by June
Taiwan's Ma promises $10 billion infrastructure boost
Fox, Time Warner Cable reach deal to avoid blackout
|
Somali pirates seize Indonesian chemical tanker
Rush Limbaugh says doctors found nothing wrong
|
Kathy Griffin makes another vulgar quip on CNN
Latino beat sweeps Ethiopian capital
Macedonia imposes tough new smoking ban
Vienna New Year concert reaches record 72 countries
Iran warns West it will make its own nuclear fuel
Handball Henry still a fan favourite
Israeli warplanes hit Gaza after rocket attack
'Snowbama' time in Hawaii
Israeli war planes strike Gaza tunnels
Afghan chamber approves defense, interior ministers
|
Late cleric's son warns of more Iran turmoil: report
|
Brazil death toll from floods, mudslides rises to 64
|
Afghan parliament vote confirmed for May
|
Somali pirates hijack UK-flagged ship: Bulgaria
|
At least 10 killed in train crashes in northern India
|
Somalia's ahlu Sunna clash with Shabaab, 10 killed
|
Italy aims to introduce body scanners: minister
|
North Korea holds massive New Year's rally
Japan PM starts tweeting, launches blog
GOP leader says US will overcome war, recession
Pakistan volleyball game bomb toll hits 93
Fox, Time Warner Cable announce broadcast deal
10 dead, 47 injured in train accidents in India
Obama Reiterates "War in Iraq" Had Nothing To Do With 9/11, To Focus on AfPak Region
Survivor of 1906 SF quake dies at age 107
Philippine volcano evacuees return as alert lowered
Cruise Ship Passenger Jumps Overboard
Fire kills 5, destroys Palm Springs mobile home
Karzai expresses condolences to Afghan civilians
Mexican Military On Alert After Counter-Strike Warning
$3.2 million in watches stolen from Tokyo store
Concert Tickets, Breasts Part Of New Year's Eve Deal
Pakistan Taliban say they carried out CIA attack
Limbaugh: Tests show no ailments after chest pain
Myanmar to give big boost to gov't worker salaries
Obama blames Al-Qaeda affiliate for airliner attack
Identical Fla. twins born in 2 separate decades
Sri Lankan presidential contender woos Tamil voters
Obama: al-Qaida link to Christmas terror suspect
Vietnam orders gold-trading floors shut by end-March
Pakistani c.bank buys 120.25 bln rupees of govt paper
Elton John says he's helping Eminem fight drugs
Picasso, Rousseau paintings stolen in France
A Minute With: Bryce Dallas Howard in Teardrop
|
Taiwan invites China's Zhang Yimou to produce show
Convenience Stores Linked To Child Obesity
Concert Tickets, Breasts Part Of New Year's Eve Deal
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights