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DIRECTV Agrees with Time Warner Cable Position In Dispute with CBS

DIRECTV released the following statement today in support of Time Warner
Cable (NYSE: TWC)

“Just like the characters in CBS' (NYSE: CBS) Under The Dome, all pay TV
customers are feeling trapped and helpless as broadcasters expect them
to absorb ridiculous rate increases for the exact same programming. In
trying to protect our own customers, DIRECTV has certainly had its share
of these battles, so we applaud Time Warner Cable for fighting back
against exorbitant programming cost increases. We are also appalled to
learn that CBS is now punishing DIRECTV customers, who may happen to
have Time Warner as their Internet provider, by denying them access to
CBS content online. The conduct of content companies in their efforts to
extract outrageous

See full press release

Posted-In: News Contracts Asset Sales Management Global

 

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