Market Overview

Time Warner Cable, Ovation Announce Carriage Deal

Related TWC
BTIG Downgrades Time Warner Cable, Cites Falling Confidence In Comcast Deal
Morningstar Analyst On CBS-Starz Buyout Rumor: 'They're Not Necessarily Looking To Put $5B Into A New Cable Channel Right Now'
Will the Comcast-TWC Merger Happen in 2015? (Fox Business)

Time Warner Cable (NYSE: TWC) and Ovation today announced they reached an agreement to bring Ovation back to Time Warner Cable and Bright House Networks customers' lineups on January 1, 2014. Under the new agreement, the network has committed to deliver 200 more hours of original programming dedicated to the arts in the next year. By 2015, Ovation has committed to carry 250 hours per year of new and original programming growing to 300 hours for each subsequent year of the term.

Time Warner Cable and Bright House Networks had dropped Ovation from its lineup on January 1 of this year citing the network's small amount of original arts programming. Since then, Ovation has significantly increased its original programming, including high-profile series such as A Young Doctor's Notebook, starring Jon Hamm and Daniel Radcliffe, and committed to substantial growth in the future. The company has also launched an in-house production unit, Ovation Studios.

Posted-In: News Contracts

 

Related Articles (TWC)

Around the Web, We're Loving...

Get Benzinga's Newsletters