Sinclair, Time Warner talks will take another week

[January 22, 2011]  NEW YORK (AP) -- Sinclair Broadcast Group says it will take another week to hammer out its latest contract with Time Warner Cable.

The two sides have been negotiating how much Time Warner Cable Inc. will pay to carry Sinclair's broadcast TV stations. Among Sinclair's stations are local affiliates of Fox, ABC and CBS.

They were not able to reach a deal by the time their previous contract expired Dec. 31, which left open the possibility that roughly 4 million Time Warner customers could lose one of their network TV stations.

After several contract extensions, the two reached a tentative deal last weekend. Major stations involved include the Fox stations in Buffalo, Rochester and Syracuse, N.Y., and San Antonio, Texas, the CBS station in Portland, Maine, and the ABC station in Greensboro, N.C.

[Associated Press]

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