Today's Top News 1. CBS to Dish: No more extensio
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1. CBS to Dish: No more extensions, you have until Thursday
By Daniel Frankel http://links.mkt1985.com/ctt?kn=100&ms=MT...1&rt=0 Comment | http://links.mkt1985.com/ctt?kn=53&ms=MTE...t=0Forward | http://links.mkt1985.com/ctt?kn=161&ms=MT...t=0Twitter | http://links.mkt1985.com/ctt?kn=57&ms=MTE...=0Facebook | http://links.mkt1985.com/ctt?kn=261&ms=MT...=0LinkedIn
CBS threatened Tuesday to remove its owned and operated stations and Showtime from Dish Network (NASDAQ: DISH) if renewals for retransmission and carriage aren't completed by Thursday at 7 p.m. EST.
"For six months, CBS has been vigorously attempting to secure fair carriage deals with Dish," a CBS statement reads. "During that time, Dish has clearly not been operating with the same sense of urgency. In the last few weeks, we have granted two extensions, in the hopes that this would give both parties sufficient time to come to a resolution. The second extension, which protected Dish subscribers' programming over the Thanksgiving holiday weekend, was the final one. We would very much like to avoid going dark, thereby joining the more than 120 stations Dish has dropped since 2013 alone. Unless agreements are reached, however, our viewers should be prepared to lose CBS from their Dish systems on Thursday evening at 7:00 PM/ET. For more information, Dish subscribers can go to www.keepcbs.com."
CBS is threatening to pull 29 CBS, CW, MyNetworkTV and independent stations off Dish in 17 markets. It's also threatening to black out Showtime and CBS Sports Network.