Time Warner Cable Inc said on Monday it will carry the new Los Angeles Dodgers channel, outbidding Fox Sports, which held the rights to show Dodgers games for more than a decade. The Dodgers ownership group will control the channel, becoming the most recent sports franchise to own all or part of its own channel, ensuring ongoing TV profits in addition to the lucrative revenue from cable operators.The channel is scheduled to begin airing Dodgers games at the start of the 2014 baseball season. The channel will be available in southern California and Hawaii.Time Warner Cable will be the main distributor of the channel in a "long-term affiliation deal," and will control advertising sales and affiliate agreements, according to a statement.The Dodgers and Time Warner Cable said the agreement is subject to certain closing conditions.
Time Warner Cable Inc. (TWC) is a provider of video, high-speed data and voice services in the United States with systems located in five geographic areas: New York State, the Carolinas, Ohio, Southern California and Texas. Shares of TWC fell by 0.1% or $-0.1/share to $100.50. In the past year, the shares have traded as low as $72.76 and as high as $102.00. On average, 1778120 shares of TWC exchange hands on a given day and today's volume is recorded at 70029.
Time Warner Inc. (Time Warner) is a media and entertainment company. Shares of TWX traded higher by 0.08% or $0.04/share to $50.44. In the past year, the shares have traded as low as $33.62 and as high as $51.29. On average, 6189180 shares of TWX exchange hands on a given day and today's volume is recorded at 227006.
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