Economics Magazine

Time Warner Cable Drops CBS in New York, L.A., Dallas (Videos)

Posted on the 02 August 2013 by Susanduclos @SusanDuclos
By Susan Duclos
According to CBS, the networks they own, including Showtime, TMC, FLIX and Smithsonian, have been dropped by Time Warner Cable after negotiations failed.
CBS Statement below:
Time Warner Cable has dropped CBS in New York City, Los Angeles, Dallas and several other markets. We deeply regret this ill-advised action, which is injurious not only to our many affected viewers, but also to Time Warner Cable itself. Throughout this process, Time Warner Cable has conducted negotiations in a combative and non-productive spirit, indulging in pointless brinksmanship and distorted public positioning – such as the fictional and ridiculous 600% increase CBS supposedly demanded – while maintaining antiquated positions no longer held by any other programming distributor in the business. CBS, for its part, is eager to make an agreement in line with the kind it has struck with every other cable, satellite and telco provider, and has continually sought reasonable term extensions to get that job done. This is the first time in its history that CBS has been dropped from a cable system. Time Warner Cable, on the other hand, has a long history of taking channels off the air – more than 50 in the last five years alone. It has also chosen to drop Showtime, which is owned by CBS, a move that is completely unnecessary and totally punitive to its subscribers.
What CBS seeks, and what we always have sought from the beginning, is fair compensation for the most-watched television network with the most popular content in the world. We will not accept less. We will not sign away rights not granted to others. We will not give up our channel position or any other asset by which our viewers identify us. We will also not be subjected to pointless maneuvers like a series of one-hour extensions and mini-drops that do nothing for either side but annoy our viewers. We hope and believe this period of darkness will be short and that we can all get back to the business of providing the best entertainmentTime Warner Cable Drops CBS in New York, L.A., Dallas (Videos), news and sports to the Time Warner Cable customers we both serve.

"CBS has refused to have a productive discussion. It's become clear that no matter how much time we give them, they're not willing to come to reasonable terms," Time Warner said in its statement.
Days ago, the trouble was reported and CBS went dark, but after extending talks, it looks like Time Warner and CBS have come to a stalemate.

Watch Time Warner Cable’s video of the “hard work” involved to take channels off its systems:

Time Warner Cable Drops CBS in New York, L.A., Dallas (Videos)


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