Wednesday, January 27, 2021

CBS VS. TIME WARNER CABLE: NOW A BATTLE OF WORDS

August 6, 2013 by · Leave a Comment 

Time Warner Cable chief Glenn Britt made a new offer to CBS chief Les Moonves on Monday: Let’s remove CBS from the basic-cable lineup and offer it to subscribers on an à la carte basis. “This way, rather than our debating the point, we would allow customers to decide for themselves how much value they ascribe to CBS programming,” Britt wrote in a letter to Moonves. The CBS CEO wasted little time replying to the proposal, firing off a letter to Britt rebuking him for releasing his letter “simultaneously to the media,” which, he said, “made me suspect that the document was not, as I hoped, a sincere offer but rather a public relations gesture of some kind. Sadly, my suspicions were more than justified.” Moonves called Britt’s proposal “a well-wrought distraction.” The à la carte proposal amounted to “grandstanding,” Moonves contended, noting that all Time Warner subscribers in Los Angeles are seeing their cable bills increase to cover the costs of TWC’s billion-dollar deals for Lakers and Dodgers telecasts whether they watch those telecasts or not.