Business & Economy

Update: Monday is new deadline for Time Warner, CBS to resolve dispute

Time Warner Cable and CBS rumble, could it cost viewers their cable?
Time Warner Cable and CBS rumble, could it cost viewers their cable?
Kevork Djansezian/Getty Images

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Update 8:03 p.m.: Deadline extended to Monday

The standoff between Time Warner Cable and CBS will continue at least through the weekend, with both parties pushing the deadline to resolve a carriage dispute to Monday at 2 p.m. PT from the earlier 6 a.m. PT Thursday.

A spokeswoman at Time Warner sent this brief update Wednesday evening:

Both parties have agreed to an extension through Monday, July 29th at 5pm EST.

Previously: As the deadline for a new agreement approaches, CBS and Time Warner Cable appear to be far apart in a dispute over the fees  the cable provider must pay to carry the broadcaster's local stations in Los Angeles, New York, and Dallas.

Without a new deal or an extension of the old one by Thursday at 6 a.m. Pacific Time, KCBS and KCAL could go dark for Time Warner Cable Customers in Los Angeles.  

The latest threat came less than 24 hours before the deadline  from Time Warner Cable.  A local spokesman for Time Warner said it was talking to other programmers about replacing CBS stations in the number 2 slot on the Time Warner Cable dial.   The spokesman said that "if CBS goes dark, they will likely lose their place on the line-up."

In Los Angeles, that would mean Time Warner Cable customers would have to look for CBS-2 on another channel. 

A CBS spokeswoman responded: "CBS obviously won’t be making any deals where we are required to change our channel position."

Meanwhile, the two sides continued to joust with ads on television and radio and in social media.  On Twitter, CBS shows tweeted that Wednesday’s episodes could be the last for  some viewers.  

Meanwhile, Time-Warner responded with  a line from an ad:  

Analysts estimate more than 3 million Time Warner Cable customers could be affected by a black out, with about half of those customers in the Los Angeles market.