Will The Roadrunner Hightail It Or The Eye Blink?

One day ahead of the expiration of Time Warner Cable's carriage contract with CBS, each side appears to be standing firm. CBS seems determined to win a substantial increase in its retransmission fee -- at least twice what it currently receives; and TWC seems determined not to pay it. CBS undoubtedly has weighed what it will lose from reduced ad rates during a blackout against what it could potentially gain over the long run from the additional cable revenue. By the same token, TWC execs must certainly be aware that if they knuckle under to CBS's demands, they will face similar ones from the other broadcast networks. On the other hand, will they now lose subscribers to satellite services and Aereo if they stand firm? While the cable companies have usually ended up losers in these disputes, BTIG analyst Richard Greenfield argued in a note to clients on Monday that CBS may be overestimating its leverage. We strongly urge CBS management to reach an agreement with Time Warner Cable prior to Wednesday's deadline, as we believe the long-term repercussions to CBS could be quite problematic, he wrote, noting that one of those repercussions could be the loss of the prime Channel 2 dial positions in New York and Los Angeles.



Contactmusic

Tags: CBS - Losers

Advertisement

More Cbs

David Letterman's Cue-Card Holder Tony Mendez Fired For Assaulting Colleague

David Letterman's CBS talk show 'The Late Show' has a new position available after the 67 year-old host's cue-card holder Tony Mendez was allegedly fired...

CBS Reveals Plan For Digital Subscription Service

The business world sure moves quickly. Less than a day after HBO told the world that they were to roll out a digital subscription service...

James Corden To Present 'The Late Late Show' In The US

British comedy star and presenter James Corden is set to host an American chat show.The 35 year old will replace Scottish-born Craig Ferguson as the...

James Corden Set To Make U.S Plunge With 'The Late Late Show' Gig

James Corden is replacing Craig Ferguson as host on CBS’ The Late Late Show, according to various reports. The British actor/comedian will be filling the...

Advertisement

Robert Redford & Cate Blanchett In Talks With 'Rathergate' Producers To Play Don Rather & Mary Mapes

It's only been ten years since Don Rather reported on a CBS news programme about the Killian documents, which supposedly showed how former President George...

CBS Stands By 'The Mentalist' - But What's The Show All About?

CBS is the latest network to make tough calls for its 2014/2015 season, picking up six new shows, scrapping one high profile comedy and standing...

Major Broadcasters Try To Take Aereo Streamer Down

The Internet TV start-up Aereo is facing what the business’ founder Chaitanya "Chet" Kanojia calls “the end” should the supreme court side with the myriad...

'How I Met Your Mother' Nearly Got Cancelled - Britney Spears Saved The Day

How I Met Your Mother is a phenomenal success in sitcom terms. To get one season is a dream; to get two is teetering on...

Advertisement

Comments

CBS Newsletter

Subscribe to this news alert service to receive news and reviews on CBS

Unsubscribe | Unsubscribe All