USA TODAY: CBS Corp. confirmed Monday that it has reached a new broadcasting rights agreement with Time Warner Cable, ending a month-long blackout of the network’s shows at several key markets in the country.
CBS’ programming resumed at 6:00 p.m., ET Monday in the affected markets. The companies didn’t disclose specific terms of their new retransmission contract, which spells out the amount of money that TWC pays CBS for the rights to carry the CBS-owned TV stations.
“The final agreements with Time Warner Cable deliver to us all the value and terms that we sought in these discussions,” wrote CBS’ CEO Leslie Moonves in an e-mail sent the company’s employees. “This has been a difficult time for our viewers and for CBS. I am glad it’s behind us. It’s good to be back.”… (more)
