Watch power on time warner cable
I want to take this opportunity to thank all of those who worked so diligently – around the clock in many cases – to produce this excellent outcome. We are receiving fair compensation for CBS content and we also have the ability to monetize our content going forward on all the new, developing platforms that are right now transforming the way people watch television. The final agreements with Time Warner Cable deliver to us all the value and terms that we sought in these discussions. This was a far more protracted dispute than anyone at CBS anticipated, but in spite of the pain it caused to all of us, and most importantly the inconvenience to our viewers who were affected, it was an important one, and one worth pursuing to a satisfactory conclusion. All other disruptions to our viewers will cease, and things will go back to normal, with a new and beneficial agreement in place. 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. I am pleased to inform you that this evening we concluded our content carriage agreement with Time Warner Cable. head Les Moonves informed employees of the pact Monday evening: