Time Warner Cable, Scripps ink deals
Cable co. gets Food Network and Great American CountryNEW YORK -- Time Warner Cable Inc. and Scripps Networks Interactive said on Wednesday they had reached multiyear deals for the second-largest U.S. cable operator to carry the Scripps-produced Food Network and Great American Country.
Financial terms were not disclosed.
The old deals expired on Dec. 31 and both sides had temporarily extended their original agreements while trying to hammer out new terms.
Scripps had been unable to reach a similar temporary agreement with Cablevision Systems Corp., leading to the blackout of two of its networks on the New York area cable company for three weeks. Cablevision and Scripps reached a programming agreement on Jan. 21.
Programming negotiations between cable operators and program providers have become more contentious in the last year as programmers sought better affiliate fee terms to help cover the decline in advertising revenue seen since the start of the recession.