Biz: Time Warner and News Corp. come to a deal, freaking finally
- We’re happy to have reached
a reasonable deal with no disruption in programming for our customers. - Time Warner Cable CEO Glenn Britt • Regarding the deal made between his company and News Corp. over content. News Corp. wanted a dollar per subscriber for its content each month; Time Warner wanted to pay them closer to twenty cents. They found a happy medium or something. Customers still lose because it means higher cable prices either way. source