TWC, CBS, Showtime ink retransmission agreement
Time Warner Cable announced today that it has signed an extended retransmission agreement with CBS Corp. Under the terms of the new carriage agreement, Time Warner Cable will carry CBS’ owned-and-operated TV stations, as well as the carriage of Showtime, through 2013.
By extending its carriage agreement with CBS, Time Warner Cable avoided the rancorous atmosphere of its recent retransmission dustup with Viacom (story here).
The nation’s second-largest cable operator didn’t say whether it was paying CBS to carry the broadcaster’s stations, as the terms of the agreement were not disclosed.
"We are glad that we were able to reach an early renewal of our agreement with CBS and extend our relationship with Showtime,” said Melinda Witmer, executive vice president and chief programming officer for Time Warner Cable. “This new arrangement represents an exciting expansion of our relationship with the CBS Corporation."
In addition, selected CBS and Showtime programming will participate in Time Warner Cable's enhanced video services, including Start Over and Look Back, as well as extensive video-on-demand offerings, including primetime programming from CBS.
"We are extremely pleased to have reached this agreement, which recognizes the value of our programming to Time Warner Cable and its subscribers," said Leslie Moonves, president and CEO of CBS. "The CBS Television Network and Showtime are an essential component of any meaningful programming lineup. We are pleased that Time Warner Cable and its subscribers will continue to enjoy our programming for many years to come."
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