Time Warner & CBS End Standoff, Reach Content Carriage Agreement; Programming To Return Monday PM

2ND UPDATE, 3:20 PM: Time was not on Time Warner Cable‘s side with the NFL season looming. It looks like CBS got the big increase that it wanted but TWC was able to retain most if not all of the digital rights it was offered. It also picked up new rights to Showtime Anytime and VOD, which were not previously available to TWC subscribers. Said FCC Acting Chairwoman Mignon L. Clyburn on the end to the TWC-CBS content carriage dispute: “I am pleased CBS and Time Warner Cable have resolved their retransmission consent negotiations, which for too long have deprived millions of consumers of access to CBS programming. At the end of the day, media companies should accept shared responsibility for putting their audience’s interests above other interests and do all they can to avoid these kinds of disputes in the future.”

UPDATE, 2:40 PM: CBS Corp. head Les Moonves informed employees of the pact Monday evening:

I am pleased to inform you that this evening we concluded our content carriage agreement with Time Warner Cable. Effective immediately, CBS will be back on the Time Warner Cable systems in New York, Los Angeles and Dallas, and Showtime will be available to their subscribers across the nation. All other disruptions to our viewers will cease, and things will go back to normal, with a new and beneficial agreement in place. (more…)

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