Time Warner Cable, Sinclair Ink Retrans Pact
Cable operator, station group reach agreement in principle, avert service disruption
By Mike Reynolds, Multichannel News -- Broadcasting & Cable, 1/15/2011 6:43:40 PM
Following a second extension of their retransmission-consent negotiations on Friday, Time Warner Cable
reached an agreement in principle with Sinclair Broadcasting on Saturday afternoon for continued carriage of 28 stations within the operator's footprint.
The No. 2 cable operator said it expects to work toward a final agreement in the next seven days. Despite some rhetoric, there was never any service disruption.
The retransmission-consent contract between Sinclair and Time Warner originally was set to expire at 11:59 p.m. on Dec. 31, but the parties that evening extended the negotiating period through Jan. 14.
On Friday, the parties pushed that deadline back until Jan. 15 at 11:59 p.m., before announcing the agreement in principle today.
Read more at Multichannel.com here.
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