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UPDATE: Could American Airlines move its headquarters?

A key linchpin in the Fort Worth economy, American Airlines Group Inc., is considering sites for a new headquarters, possibly outside the city, the airline’s CEO said this morning.

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Crestwood area hoping to block planned office building

Residents of West Fort Worth’s Crestwood Association are trying to block the rezoning of a small apartment complex at White Settlement Road and North Bailey Avenue to make way for a planned office building, saying it would represent the start of commercial encroachment into their neighborhood.

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Tiger Woods takes a swing at Fort Worth's Dan Jenkins - in print anyway

Rarely does Golf Digest make the news. Leave it to Dan Jenkins to change that.

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Hilton Fort Worth named to Historic Hotels

The Hilton Fort Worth is one of 24 hotels named a member of the Historic Hotels of America, the Washington, D.C.-based group announced on Nov. 18.

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Great Women of Texas honored

The Fort Worth Business Press held the Great Women of Texas event Wednesday night at the Omni Fort Worth Hotel. Stacie McDavid of McDavid Investments was honored as the

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Time Warner drops CBS, then halts decision

 

CBS and Time Warner Cable negotiated all night long, issuing threats and accusing the other of being unreasonable, in a bid to resolve a money dispute that threatens millions of cable subscribers with a CBS blackout. Should the channels go dark again, Time Warner Cable customers won't be able to view CBS programs, including hit shows like "NCIS," "The Big Bang Theory" and this summer's "Under the Dome."
Credit: CBS

BEVERLY HILLS, Calif. (AP) — The fee dispute between Time Warner Cable and CBS Corp. took an odd turn when the cable giant announced it was turning off the broadcaster in three major cities, then quickly reversed the decision.

The two sides negotiated through the day Monday to avoid a programming blackout. Both parties kept extending the deadline before the cable provider appeared to replace regular programming on the network with a company statement for a brief, undetermined amount of time.

Around 9 p.m. PDT, Time Warner Cable said about 3 million customers in New York, Los Angeles, and Dallas would lose the network and four CBS cable stations because of "outrageous demands for fees" by CBS.

"We offered to pay reasonable increases, but CBS's demands are out of line and unfair — and they want Time Warner Cable to pay more than others pay for the same programming," Time Warner Cable said in a statement.

CBS countered, saying that it remained firm in getting fair compensation for its programming. It accused Time Warner Cable of having a "short-sighted, anti-consumer strategy."

Not long after the two sides traded barbs, Time Warner Cable said it halted its plans to drop CBS at the broadcaster's request.

CBS said both sides have agreed to continue negotiations.

Time Warner Cable spokeswoman Maureen Huff said some areas didn't experience a CBS "blackout" and those who did it was "a matter of minutes."

The disagreement centers mainly on how much Time Warner Cable pays for the right to retransmit signals from the CBS-owned stations.

"As we've said, we feel like we should be paid for our programming," CBS chief executive Les Moonves told the Television Critics Association earlier Monday.

Dozens of blackouts have occurred nationwide in fee fights over the years, but many get resolved at the last minute.

Selling retransmission rights has become a big business for broadcasters such as CBS. Research firm SNL Kagan estimates retransmission fees will reach $3 billion industrywide this year and double to $6 billion by 2018.

Time Warner Cable has said it's resisting a fee hike demand by CBS so prices don't go up for customers. CBS said Time Warner Cable isn't agreeing to terms that its competitors have accepted.
 

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Midterms
What was the message of the midterm elections?