Media companies plan to press Comcast Corp for higher fees in the coming year, seeing an opportunity to squeeze better terms from the U.S. cable company as regulators review its planned takeover of Time Warner Cable Inc.Comcast and Time Warner Cable paid nearly $14 billion to content companies last year for rights to distribute their films, television shows and sporting events.Broadcasters and cable television networks have "assignment clauses" in their contracts with Time Warner Cable that require the networks to sign off before Comcast can merge the two cable operators' agreements, according to people who have negotiated agreements in the past.Media executives say most programmers will push for higher rates in return for expanding their deals to cover digital distribution of their content. They declined to give specifics, citing confidential contracts.
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 0.77% or $-1.07/share to $137.49. In the past year, the shares have traded as low as $89.81 and as high as $147.28. On average, 3358020 shares of TWC exchange hands on a given day and today's volume is recorded at 2865484.
Time Warner Inc. (Time Warner) is a media and entertainment company. Shares of TWX fell by 0.85% or $-0.57/share to $66.69. In the past year, the shares have traded as low as $55.17 and as high as $70.77. On average, 5552610 shares of TWX exchange hands on a given day and today's volume is recorded at 6292923.
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