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Time Warner Cable, Hearst End TV Blackout
By Swanni
Washington, D.C.
(July 20, 2012)
-- Hearst and Time Warner Cable have reached an agreement to
return 15 local stations in 13 markets, the companies announced
last night.
Hearst forced Time Warner Cable to drop the stations on July 10
when the two sides could not reach a new programming pact. Hearst
on Wednesday said the cable operator was trying to create the
"illusion" of a breakdown in negotiations to help create a new
law governing similar fee fights.
But last night, all was well.
“We appreciate
the support and patience of our viewers, advertisers and local
communities served by our stations, and we regret the
inconvenience they’ve experienced over the past 10 days,” Hearst
CEO David Barrett said in a statement.
"We have reached a long-term agreement with Hearst Television..." Time Warner Cable said in a statement. "We thank our customers for their patience and their willingness to stick with us through another unnecessary broadcaster blackout."
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