×
You will be redirected back to your article in seconds

Time Warner Cable: Still No Credits for Loss of CBS Stations

Cable operator says it will issue credits to Showtime subscribers affected by blackout

Time Warner Cable reiterated that it will not issue credits to 3 million-plus customers related to the blackout of CBS stations in New York, L.A. and Dallas — which is now in Day 11 — while it will credit Showtime subscribers who have lost the network.

A report Monday by the L.A. Times said Time Warner Cable had offered a $4 credit to affected subscribers for the first week of the blackout for the loss of CBS, Showtime and other cablers.

But according to the cable company, the CBS stations in those markets are part of TW Cable’s basic programming package. The “pieces of that package change from time to time — sometimes we add channels, and sometimes we drop them,” according to rep for the cable company. “We do not make it a policy to credit customers for any individual channel change, because the whole package continues to provide value.”

SEE ALSO: Time Warner Cable Taking Bigger Hit Than CBS in PR War Over Blackout: Survey

Time Warner Cable customers who subscribe to Showtime and The Movie Channel — also affected by the companies’ dispute over retransmission fees and terms — will receive a credit retroactive to the first day of the blackout.

While the blackout is in effect, Time Warner Cable is providing alternative programming from Starz to Showtime customers, the MSO said.

SEE ALSO: More Static: Time Warner Cable Denies Cramping CBS’s Internet-Video Style

On Aug. 2, Time Warner Cable pulled CBS signals for approximately 3 million subscribers, primarily in New York, L.A. and Dallas. The operator also dropped Showtime and three other CBS-owned cablers, while the Eye retaliated by blocking Time Warner Cable broadband subs from accessing full episodes online.

CBS could be losing as much as $400,000 per day in revenue and retransmission fees, according to Wall Street firm UBS.

In renegotiating the 2008 pact with Time Warner Cable, CBS is seeking higher retrans fees, arguing that the cable company pays the Eye less than other lower-watched cable networks.

Time Warner Cable’s position is that because CBS is asking for a large rate hike in retrans fees, the cable operator should retain access to a broad selection of on-demand content — including the ability to offer entire current and past seasons through VOD and “TV Everywhere” services. CBS has balked at that request because that would reduce the value of the content’s streaming rights, which company wants to sell to the likes of Netflix or Amazon.

More Biz

  • THE MASKED SINGER: L-R: Monster (T-Pain)

    New-Model Murdochs: Fox Corporation to Emerge Tuesday

    A new era for the Murdoch clan and the media business begins with the debut of Fox Corporation on Tuesday, a day before Disney completes its acquisition of 21st Century Fox. The new-model Fox will begin trading Tuesday on the NASDAQ under the FOXA symbol. On Tuesday, 21st Century Fox will initiate a complex transfer [...]

  • mark Beaven

    If Spotify Is Holding Town Halls for Songwriters, They Must Be Open (Guest Column)

    Earlier this month, Amazon, Google, SiriusXM and Spotify challenged the Copyright Royalty Board’s decision to increase the compulsory mechanical rates paid to songwriters by 44% over the next five years. The streamers have come under fierce criticism for the move, which they claim is over the complexities of the CRB’s rules but is widely assumed [...]

  • iHeartMedia Promotes Angel Aristone to Executive

    iHeartMedia Promotes Angel Aristone to Executive VP of Communications

    Angel Aristone has been promoted to executive vice president of communications for iHeartMedia, the company announced today. According to the announcement, Aristone will continue to position iHeart as a media and entertainment leader through proactive strategic communication efforts on both a local and national level. She will also continue to oversee media relations and external [...]

  • Kevin Tsujihara

    Kevin Tsujihara Out as Warner Bros. Chief Amid Sexual Impropriety Scandal

    Kevin Tsujihara has resigned his post as chairman-CEO of Warner Bros. following an investigation into his relationship with actress Charlotte Kirk and allegations he used his clout to help her find work at the studio. In a statement, Tsujihara said he realized “my continued leadership could be a distraction and an obstacle to the company’s [...]

  • TV Ad Sales Upfronts

    NBCUniversal, Sky Make Joint Ad Offering as TV Upfront Looms

    NBCUniversal and Sky PLC will offer joint packages of advertising services, a new effort to monetize the European satellite broadcaster, which was purchased by parent Comcast Corp. for $39 billion last year. Advertisers will be able to reach customers in sundry international markets as well as the United States, using inventory across NBCU and Sky [...]

  • Robert Iger and Rupert Murdochcredit: Disney

    Wall Street Applauds as Disney Nears Finish Line on Fox Acquisition

    Wall Street is rooting for Disney as the media giant reaches the finish line this week in its 15-month quest to acquire most of Rupert Murdoch’s film and TV empire. Fox shareholders, on the other hand, are being a little more cautious. Disney is poised to close the $71.3 billion deal that took many twists [...]

  • Sony Music Names Amanda Collins Head

    Sony Music Names Amanda Collins Global Head of Corporate Communications

    Amanda Collins has been named executive vice president and global head of corporate communications for Sony Music Entertainment, effective immediately, it was announced today by CEO Rob Stringer. According to the announcement, in this role she will be responsible for the company’s global internal and external communications strategy and its implementation around the world, working [...]

More From Our Brands

Access exclusive content