Time Warner Cable, CBS extend deadline for new distribution deal
A potential showdown between Time Warner Cable and CBS over a new distribution deal has been put on hold for now.
Although Time Warner Cable’s deal to carry CBS-owned TV stations on its systems around the country (including New York and Los Angeles) expired Sunday, the two sides have agreed to a short extension while negotiations continue.
That neither side has taken out advertisements criticizing each other or warning consumers of the possible loss of signals, which often happens during talks like these, is seen as a sign that the discussions have not gotten adversarial.
With executives already starting to disappear for long weekends surrounding Thursday’s Fourth of July holiday, serious negotiations are unlikely to resume until next week.
ALSO:
Tribune’s TV deal continues consolidation trend
Tribune buys 19 television stations in a $2.7-billion deal
ABC rolling out Watch ABC app to Los Angeles and other markets
Follow Joe Flint on Twitter @JBFlint.
From the Oscars to the Emmys.
Get the Envelope newsletter for exclusive awards season coverage, behind-the-scenes stories from the Envelope podcast and columnist Glenn Whipp’s must-read analysis.
You may occasionally receive promotional content from the Los Angeles Times.
