Time Warner Cable, Sinclair Reach Retrans Agreement In Principle
Station Group Also Inks Tentative Pact With Bright House Networks
Mike Reynolds -- Multichannel News, 1/15/2011 6:28:29 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.
Sinclair also reached a tenative pact with Bright House Networks on Jan. 14 covering five stations. Associated Press reports that the parties have an additional week to finalize the deal. Typically, Time Warner Cable handles programming negotiations for Bright House.
Sinclair declined any further comment.
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.
"We're pleased to reach an agreement with Sinclair Broadcasting without any interruption in service for our customers," said Rob Marcus, president and COO of Time Warner Cable in a statement. "We appreciate our customers' patience and support throughout this negotiation, and thank them for their patronage."
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