Monday, August 30, 2010

ABC and Time Warner Cable Settle

It seems that Time Warner Cable customers won't have to worry about losing their ESPN or Disney or even ABC on Thursday. According to reports, negotiations have led to an agreement with the only thing left to do is dot the i's and cross the t's. Which means simply that business terms have been settled and legal terms need to be ironed out. "One big unanswered question is how much Disney was able to extract for ABC, which is seeking distinct carriage fees for the first time." We can only assume that rates went up and ultimately so will subscriber fees. Higher costs for more of the same. And you thought we were in a recession.

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