Time Warner blackout of CBS goes into 3rd day
Aug 4, 2013, 6:43 PM
NEW YORK (AP) – Three million Time Warner Cable customers primarily in New York, Los Angeles and Dallas remained without access to CBS for a third day, meaning they could miss Tiger Woods’ attempt to win the Bridgestone Invitational.
The cable provider cut off CBS for viewers in those markets on Friday, saying the network is demanding retransmission fees that are out of line with what it pays other broadcasters.
CBS says it’s never been dropped by a cable provider before and that it has successfully negotiated deals with Cablevision, Comcast, DirecTV, AT&T, Verizon and others.
CBS is trying to gain revenue from retransmission fees as a buffer against swings in advertising revenue. Time Warner says giving in to demands for higher fees would result in skyrocketing bills for customers.
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