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No Disney-Time Warner resolution, but channels remain on air
The midnight deadline for a new carriage agreement between Time Warner Cable and Walt Disney Co. has passed, yet all of the networks’ offerings — including ESPN and the Disney Channel — remain on the air.
The two parties remained in talks after midnight, according to this article from Bloomberg.
The issue is financial, of course, and also includes negotiations involving the ESPN3.com website and the new Disney Jr. channel that is replacing SoapNet in 2011. The article points out that both Disney and Time Warner stocks have risen during the stand-off, which could muck up the start of the College and Pro Football seasons for 13 million Time Warner subscribers.
The parties are reportedly close to striking a deal and we continue to watch for a statement Thursday.
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