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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.

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