Join The Discussion

 

Moves by Jeb Bush add to talk of 2016 candidacy

WASHINGTON — Jeb Bush's decision to release a policy-laden e-book and all his emails from his time as governor of Florida has further stoked expectations among his allies that he will launch a presidential bid.

read more >

Ebby Halliday acquires Fort Worth’s Williams Trew

Williams Trew Real Estate of Fort Worth has been acquired by Dallas-based residential real estate brokerage Ebby Halliday Real Estate Inc.

read more >

Meridian Bank Texas parent acquired by UMB Financial for $182.5M

Kansas City, Mo.-based UMB Financial Corp., the parent company of UMB Bank, said Dec. 15 it has signed a definitive agreement to acquire Marquette Financial Companies in an all-stock transaction.

read more >

Cousins Properties to sell 777 Main tower in downtown Fort Worth

Cousins Properties Inc. has confirmed plans to sell the 777 Main office tower in downtown Fort Worth, according to a news release from the Atlanta-based real estate investment firm.

read more >

Glen Garden sale closes, distillery on tap

Firestone & Robertson Distilling Co. closed late Wednesday on its purchase of the historic Glen Garden Country Club in southeast Fort Worth, with plans to convert it into a whiskey distillery and bucolic visitor attraction.

read more >

Just in time for football: CBS on air with Time Warner deal

Mike M. Ahlers/CNN
Source: CNN

NEW YORK (AP) — TV network CBS and cable provider Time Warner Cable ended their monthlong programming dispute on Monday and resumed broadcasts to millions of homes in New York, Dallas and Los Angeles.

The agreement ended a blackout of CBS and CBS-owned channels that included Showtime Networks, CBS Sports Network and the Smithsonian channel. The contract disagreement started Aug. 2 and affected more than 3 million homes. Broadcasting resumed Monday evening on the East Coast.

The companies were in dispute over how much Time Warner Cable Inc. would pay for CBS Corp. programming. Terms of the deal were not immediately disclosed.

The agreement includes retransmission fees the cable operator pays to CBS per subscriber, which had been a sticking point.

The disagreement came at a touchy time for networks and cable companies as more and more Americans are turning to alternative ways to watch TV including online or via Roku boxes or Apple TV. Added pressure was on the two companies to reach an agreement since the start of football season and the U.S Open tennis tournament had begun in New York.

The blackout affected about 1.1 million of New York's 7.4 million television households that get CBS. An estimated 1.3 million of 5.6 million households in Los Angeles were blacked out, along with 400,000 of Dallas' 2.6 million TV homes, CBS said. Those are three of the nation's five most populous television markets.

CBS estimated the blackout cut the network's national viewership by about 1 percent.

The talks were being closely watched beyond these companies and their customers because of the idea that a retransmission agreement would set a precedent for future negotiations between networks and cable or satellite companies. Another point of contention was the cable operator's access to CBS material for on-demand or mobile device viewing.

"While we certainly didn't get everything we wanted, ultimately we ended up in a much better place than when we started," Time Warner Cable CEO Glenn Britt said in a statement.

Mignon L. Clyburn, acting chairwoman of the Federal Communications Commission, issued a statement saying she was "pleased CBS and Time Warner Cable have resolved their retransmission consent negotiations, which for too long have deprived millions of consumers of access to CBS programming."

In the end, she added, media companies should "accept shared responsibility" for putting their audiences' interests above other interests.
 

< back

Email   email
hide
TCU/Baylor
Did the College Football Playoff Committee get it right?