UPDATED: CableOne And Turner Broadcasting Settle Contract Dispute
UPDATED, 8:05 PM: CableOne and Turner Broadcasting have made nice after a dark October for the latter’s channels on The Washington Post’s cable operation. CableOne said in a release that “the process of restoring the Turner channels will begin immediately and may take several days to complete.” Here is Turner’s statement on tonight’s agreement: “Turner Broadcasting has come to an agreement with Cable One for the continued carriage of our leading entertainment, news, kids and young adult networks including TNT, TBS, CNN, HLN, Cartoon Network, Adult Swim, truTV, Turner Classic Movies (TCM), CNN en Español and Boomerang. We value the relationships with our viewers and thank them for their understanding. We’re grateful for their continued loyalty and support for Turner’s programming and brands.”
PREVIOUSLY: CableOne reaches 730,000 customers in 19 states, including about 500,000 video subscribers. And beginning this morning they’ve been without Turner channels including CNN, HLN, truTV, TCM and Boomerang. The cable company says it has a right to hang on to TNT, TBS and Cartoon Network but Turner disputes that, saying CableOne can’t distribute the channels under terms of the master agreement with the National Cable Television Cooperative. Turner “has demanded an increase of nearly 50% for channels with steadily declining ratings,” CableOne CEO Tom Might says.
“Since we were unable to reach a fair deal with Turner, we’ve been forced to drop these channels from our channel line-up. … Our customers cannot support these unending, enormous rate increases. More are willing every day to try alternate, less expensive ways, to enjoy video in their homes and on the go.” But Turner says that it is “simply asking that CableOne pay the established and accepted rates already in the marketplace for our portfolio.” It wants a new agreement that “recognizes the strength and value of our networks and the popular programming they offer.”