CBS has reached a retransmission agreement, and in very short order.
But not with Time Warner Cable. It's with Verizon for it's FIOS customers. The agreement covers changes in their fee structure and Verizon will include more content from the forgotten by many and not so popular CBS Sports Network on their mobile network.
Los Angeles Times:
"This important deal was reached swiftly and amicably in just a few days after our conversations began," CBS Corp. Chief Executive Leslie Moonves said in an email to CBS employees Thursday that appeared to be a not-so-subtle dig at Time Warner Cable. Moonves went on to say that CBS had offered Time Warner Cable almost exactly the same deal that Verizon accepted.Ow! That hurts, doesn't it Glenn Britt, Chairman of TWC? Apparently it's you who can't play well with others. I know that Glenn is worried that his company is slowly devolving into just a pipeline service for data, but that's the way the market is heading and he'd better wrap his head around that soon and make changes or he'll be standing where long distance carriers stood as his cable company offered nationwide calling for one low low price.
"In it, we achieve fair value for our over-the-air rights, while preserving our streaming rights as well," Moonves said.
Time Warner Cable, looking this morning like a little bitch! Painted into a corner. Set their own trap.