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Time Warner Signs First Major Deals for Lakers Rights

Charter Communications, the fourth-largest cable company in the U.S., has become the first major cable provider serving Southern California to agree to distribute Time Warner SportsNet and Time Warner Cable Deportes.
Charter, the fourth largest U.S. cable system operator, has 360,000 subscribers in Southern California.

Shortly after the deal with Charter was announced, Time Warner announced it had also struck an agreement with Verizon FIOS to carry the new Lakers-centric sports channel.
This deal puts tremendous pressure on other competitors including DirecTV, AT&T, and Cox  to sign deals to carry the channels. Negotiations with those providers have been at an impasse for weeks, as they've balked at Time Warner Cable's demands of $3.95 per subscriber per month for the new service, as well as guarantees that the stations will be on the most basic tier, making them available to all of their customers.

14:53 | |

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