Monday, January 4, 2010

Time Warner and Fox Reach a Cable Deal

The News Corporation and Time Warner Cable struck a deal just in time for the Sugar Bowl.

The two companies said Friday evening that they had agreed on new terms for a contract covering Fox stations in New York, Los Angeles, Orlando and other markets, averting a blackout of the weekend’s college bowl games in millions of homes. They did not disclose the terms.

The deal between the News Corporation and Time Warner caps weeks of sparring over the price that the cable company — and by extension its customers — should pay to watch Fox, ahead of an end-of-the-year contract expiration.

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