SBD/August 1, 2012/Media
Time Warner Cable Officially Pulls NFL Net, RedZone From Former Insight Subscribers
Time Warner Cable last night dropped NFL Network and NFL RedZone from former Insight subscribers, the network said. It remains unclear how many subscribers NFL Net lost. Insight had 679,000 video subscribers when TWC bought it last August for a reported $3B. It is not clear how many of those customers subscribed to a tier that had NFL Net, which Nielsen says is in 59.6 million U.S. homes in August. It appears unlikely the two sides will reach an agreement anytime soon. NFL Net Dir of Corporate Communications Dan Masonson said the channel offered to renew the same terms with TWC "at a 0% rate increase. ... Time Warner Cable refused." In his statement, Masonson notes that TWC is the only one of the eight largest distributors that has not worked out a deal for NFL Net. N.Y.-based distributor Cablevision also has not cut a deal. A TWC spokesperson said the cable operator "asked for a short extension so we could try to finalize an agreement, but they refused. Conversations are ongoing and we remain hopeful that we can reach a resolution. But we have been close before only to have it fall apart so we need to be cautious about predicting success."
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