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Time Warner Cable, Sinclair Spar

Reuters, Tuesday, December 28, 2010 11:14 PM

Sinclair Broadcast Group Inc said it has been unable to reach a programming agreement with Time Warner Cable Inc, meaning millions of homes could lose some of their local stations on New Year's Eve. Sinclair said Time Warner Cable rejected its proposal asking for a monthly increase of 10 cents per subscriber and declined to provide a counter-offer.

The broadcaster, which transmits local TV station affiliates like Fox and ABC channels, said Time Warner Cable had effectively ended negotiations, and as result the cable company would no longer carry its stations on its systems after midnight on Dec 31.Time Warner Cable denied it had ended negotiations with Sinclair. "Sinclair's statement is false," it said in a statement. "Time Warner Cable has at no time told Sinclair that we were terminating negotiations."

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television, tv

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