Time Warner Cable, Sinclair Continue Contract Talks Amid Brief Extension
The cable giant and TV station group now have until 11:59pm on Saturday to reach a new retransmission deal.
NEW YORK - Time Warner Cable and Sinclair Broadcast have extended a contract deadline by a day to Saturday 11:59pm as they continue working on a new agreement to allow the cable giant to carry local Sinclair TV station signals.
Their previous retransmission consent arrangement expired at the end of 2010, but the two agreed to an extension through Friday night at 11:59pm before Friday's further extension by another 24 hours.
If the two companies don't reach agreement by the deadline, they could agree to another short-term extension, or Sinclair could choose to let its signals go dark in TW Cable systems.
If Sinclair pulled its signals, about 4 million of TW Cable's 12.5 million households would be affected.
"We are still hoping to avoid a broadcaster blackout, but even if Sinclair pulls the plug on Saturday night, Time Warner Cable will continue to provide all available Big 4 network programming to its customers," TW Cable said.