Updated: News Corp., Time Warner Still Negotiating

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At the stroke of midnight Eastern Standard Time, News Corp. had not pulled its Fox signals on the Time Warner Cable system, although the two sides still had not sealed a retransmission consent deal for Fox-owned stations and several Fox-owned national and regional cable networks.

"We're still negotiating and are going to allow a little more time," a Fox spokesman said.

Time Warner Cable confirmed that it had received "a brief extension with Fox, Food and GAC as negotiations continue."

The extension appears to be a few hours. The contracts expire according to local time -- so, for example, the deal for KTTV in Los Angeles expires at midnight Pacific Standard Time. The national cable networks involved expire at midnight Pacific Time as well. So a three-hour extension would extend the negotiations until the last deadline of the deal.

Read more at B&C here.

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