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Time Warner Cable Statement Regarding CBS Negotiations

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NEW YORK--(BUSINESS WIRE)--CBS wants Time Warner Cable to pay over 600% more than we pay in other areas from coast to coast for the same programming. It’s unreasonable to expect our subscribers and Time Warner Cable to pay that price and we are negotiating very hard for a reasonable price. This is not a standard debate over price increases. This is different. CBS’s demand for a 600% premium is unprecedented. Broadcasters have already hit customers with 84 broadcaster blackouts in the past 18 mon

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