Time Warner raises the stakes on CBS and Showtime

By Melissa Platero, CCNN Writer

Earlier in the week, we told you about the biggest brawl going on in the television industry. Today, we’re here to tell you that there is still no winner, but there are two casualties! Pulling out all the stops, Time Warner Cable went in for the kill and dropped CBS and Showtime from its channel lineup. Both CBS and Showtime gave Time Warner Cable the option to continue airing their content while negotiating the issues, but the cable company chose instead to pull the plug on both. This has led to several television blackouts around the nation and more angry executives on both sides. The negotiations will impact millions of cable subscribers in several major cities such as New York, Los Angeles, Dallas, and Boston.

500px-Showtime.svgWhen CBS was questioned about the situation, they stated, “We deeply regret this ill-advised action, which is injurious not only to our many affected viewers, but also to Time Warner Cable itself. Throughout this process, Time Warner Cable has conducted negotiations in a combative and non-productive spirit, indulging in pointless brinksmanship and distorted public positioning… What CBS seeks, and what we always have sought from the beginning, is fair compensation for the most-watched television network with the most popular content in the world. We will not accept less… We hope and believe this period of darkness will be short and that we can all get back to the business.”

Showtime contributed their thoughts as well, stating, “The service interruption is not only completely unnecessary, but totally punitive to our subscribers, and will impact and inconvenience millions.”

Time Warner Cable issued this in response: “We agreed to an extension on Tuesday morning with the expectation that we would engage in a meaningful negotiation with CBS. Since then, CBS has refused to have a productive discussion. It’s become clear that no matter how much time we give them, they’re not willing to come to reasonable terms. We thank our customers for their patience and support as we continue to fight hard to keep their prices down.”

Confused? Yeah, we are too. Basically, Time Warner Cable tried their hardest to keep customer prices down by negotiating a contract and saying no to CBS and Showtime’s demands to get paid more money. In the end, both companies lost key factors in how they made their money; viewers from Time Warner Cable will no longer have CBS or Showtime, and CBS and Showtime will no longer have the viewers from Time Warner Cable. If you’re a Time Warner Cable customer and feeling a little hurt, don’t worry! CBS and Showtime will still be available for viewing on their official websites.