Dish Network Corp. (DISH) founder Charlie Ergen said he may permanently drop Time Warner Inc. channels such as CNN and TBS over rising programming costs, a trend he sees continuing as pay-TV faces competition from Web viewing.
Dish has already blacked out some channels from Time Warner (TWX)’s Turner Broadcasting, including CNN and the Cartoon Network, in a contract dispute that began last month. Ergen said Turner is asking for double-digit percentage increases in fees for CNN, while viewership is down by half.
“Twenty years ago CNN was a must have,” Ergen said on a earnings conference call today. “It’s not a top 10 network today anymore.”
Ergen said he is prepared for Turner’s TBS and TNT to leave Dish -- a move he described as “more painful.”
http://www.bloomberg.com/news/2014-...rgen-blasts-cnn-in-hint-of-future-fights.html
Dish has already blacked out some channels from Time Warner (TWX)’s Turner Broadcasting, including CNN and the Cartoon Network, in a contract dispute that began last month. Ergen said Turner is asking for double-digit percentage increases in fees for CNN, while viewership is down by half.
“Twenty years ago CNN was a must have,” Ergen said on a earnings conference call today. “It’s not a top 10 network today anymore.”
Ergen said he is prepared for Turner’s TBS and TNT to leave Dish -- a move he described as “more painful.”
http://www.bloomberg.com/news/2014-...rgen-blasts-cnn-in-hint-of-future-fights.html