Time Warner Cable to pitch Aereo if CBS blacks out cable subscribers
July 22, 2013 | By Steve Donohue
Time Warner Cable (NYSE: TWC) is using Aereo's local TV platform as leverage in its retransmission-consent battle with CBS Corp. (NYSE: CBS).
CEO Glenn Britt first told analysts on an earnings call in April 2012 that he saw potential to use Aereo, which distributes local TV stations to Web surfers for $8 monthly, as leverage with broadcasters demanding increased fees. "Aereo I think is a very interesting idea. I have no idea whether the courts will find it legal or not, but it's certainly something we're looking at," Britt said.
With CBS threatening to pull stations from Time Warner Cable subscribers in New York, Los Angeles and Dallas as early as Wednesday, the MSO is using Aereo as a bargaining chip. It plans to recommend Aereo, which debuted in New York in March 2012, as an option if CBS pulls the feed from flagship station WCBS-TV, spokeswoman Maureen Huff told the New York Times on Sunday.
Read more: Time Warner Cable to pitch Aereo if CBS blacks out cable subscribers - FierceCable http://www.fiercecable.com/story/ti...ut-cable-subscribers/2013-07-22#ixzz2Zn2MOUEj
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July 22, 2013 | By Steve Donohue
Time Warner Cable (NYSE: TWC) is using Aereo's local TV platform as leverage in its retransmission-consent battle with CBS Corp. (NYSE: CBS).
CEO Glenn Britt first told analysts on an earnings call in April 2012 that he saw potential to use Aereo, which distributes local TV stations to Web surfers for $8 monthly, as leverage with broadcasters demanding increased fees. "Aereo I think is a very interesting idea. I have no idea whether the courts will find it legal or not, but it's certainly something we're looking at," Britt said.
With CBS threatening to pull stations from Time Warner Cable subscribers in New York, Los Angeles and Dallas as early as Wednesday, the MSO is using Aereo as a bargaining chip. It plans to recommend Aereo, which debuted in New York in March 2012, as an option if CBS pulls the feed from flagship station WCBS-TV, spokeswoman Maureen Huff told the New York Times on Sunday.
Read more: Time Warner Cable to pitch Aereo if CBS blacks out cable subscribers - FierceCable http://www.fiercecable.com/story/ti...ut-cable-subscribers/2013-07-22#ixzz2Zn2MOUEj
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