Time Warner Cable & CBS Settle Dispute

NEW YORK: CBS Corporation has reached an agreement with Time Warner Cable and Bright House Networks that restores service of all CBS channels, including Showtime, to the provider's cable systems across the country.

The specific terms of the deal are not being disclosed. However, the pact does include retransmission consent, as well as Showtime Anytime and VOD. The deal brings to an end a month-long blackout for subscribers in Los Angeles, New York and Dallas.

Glenn Britt, Time Warner Cable’s chairman and CEO, said: “We’re pleased to be able to restore CBS programming for our customers, and appreciate their patience and loyalty throughout the dispute. As in all of our negotiations, we wanted to hold down costs and retain our ability to deliver a great video experience for our customers. While we certainly didn’t get everything we wanted, ultimately we ended up in a much better place than when we started. We are also encouraged by the 50-plus consumer organizations and legislators that supported our call for Congress and the FCC to reassess the 1992 retransmission consent rules. The rules are woefully out of date, are the primary reason cable bills are rising, and too frequently leave our customers without the programming they love. We sincerely hope that policymakers heed that call and take action to prevent these unfortunate blackouts soon.”