Time Warner Cable cuts retransmission-consent deal with Hearst

Time Warner Cable (NYSE: TWC) struck a retransmission-consent agreement with Hearst Television late Thursday, and restored the signals from 13 Hearst stations that air programming from NBC, CBS and ABC.

The nation's second largest cable MSO, which endured a five-month blackout from a Texas broadcaster in a similar dispute earlier this year, had replaced the Hearst stations with the feeds from Nexstar Broadcasting stations in about half of the markets that were impacted by the dispute.

While lining up replacement programming indicated that Time Warner Cable was prepared to go several more weeks without the Hearst stations, the blackout lasted just 10 days.

Time Warner Cable and Hearst didn't disclose terms of the agreement.

"We appreciate the support and patience of our viewers, advertisers and local communities served by our stations, and we regret the inconvenience they've experienced over the past 10 days," Hearst Television CEO David Barrett said in a statement.

For more:
- see the Hearst release

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