Time Warner Cable, Ovation Announce Carriage Deal
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.
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