Time Warner says that Hearst pulled its signals at midnight because talks were at an impasse, according to Multichannel News http://www.multichannel.com/article...ner_Cable_Disconnect_over_Retrans_Dispute.php. The company said:
“Tonight, Hearst Television has chosen to black out their signals from our customers rather than continue negotiations, despite their CEO saying just two weeks ago that broadcaster blackouts are unfair to consumers. Time Warner Cable has reached hundreds of agreements with other broadcasters without broadcaster blackouts, but Hearst’s demand for a nearly 300% increase is way out of line. That kind of outrageous increase is unfair to our customers and unsustainable for our business. We believe broadcaster blackouts are wrong. Despite Hearst’s blackout, we stand ready to continue negotiations and are hopeful that their stations will be returned to our lineups shortly.”
http://cincinnati.com/blogs/tv/2012/07/09/no-word-yet-on-ch-5-time-warner/
“Tonight, Hearst Television has chosen to black out their signals from our customers rather than continue negotiations, despite their CEO saying just two weeks ago that broadcaster blackouts are unfair to consumers. Time Warner Cable has reached hundreds of agreements with other broadcasters without broadcaster blackouts, but Hearst’s demand for a nearly 300% increase is way out of line. That kind of outrageous increase is unfair to our customers and unsustainable for our business. We believe broadcaster blackouts are wrong. Despite Hearst’s blackout, we stand ready to continue negotiations and are hopeful that their stations will be returned to our lineups shortly.”
http://cincinnati.com/blogs/tv/2012/07/09/no-word-yet-on-ch-5-time-warner/