CBS and Time Warner Finally End Blackout
The TV strife is over.
CBS and Time Warner have finally ended the ongoing battle that left about 3 million customers across the country, including major cities like Dallas, New York, and Los Angeles, without their weekly fix of Ray Donovan and Dexter.
Time Warner customers saw their CBS channels flicker back on Monday at 6 p.m. ET, after a month long blackout — stemming from a disagreement about how much Time Warner would pay CBS to carry its channels — finally ended. CBS allegedly wanted to double the cost per subscriber, increasing the price from $1 to $2.
On August 2, Time Warner cut CBS off after the cable carrier refused to concede to price increases. Time Warner had argued that a price hike would have to be passed on to customers and pointed out the fact that CBS' main station is largely available for free since it's a major television network.
The groups declined to reveal what sort of compromise they reached but according to CBS CEO Leslie Moonves, "The final agreements with Time Warner Cable deliver to us all the value and terms that we sought in these discussions."
While the blackout lasted longer than anticipated, experts had all agreed that there was no way that the dispute would bleed into the all-important football season, which starts on September 5, and brings in loads of revenue for both sides.
Time Warner Cable CEO Glenn Britt said that he was pleased to be able to bring CBS programming back into the fold. In a statement, Britt said, "While we certainly didn't get everything we wanted, ultimately we ended up in a much better place than when we started."