Business

Market Movers

CBS stock surges after blackout is ended

Since the blackout began, CBS stock has declined 6.3 percent; Time Warner Cable has dropped 8.3 percent.

Associated Press/File 2011

Since the blackout began, CBS stock has declined 6.3 percent; Time Warner Cable has dropped 8.3 percent.

Advertisement

CBS Corp. surged after it and Time Warner Cable cut a deal to end a one-month blackout of CBS channels such as Showtime. CBS programs returned to Time Warner Cable in New York, Los Angeles, and Dallas; the blackout ended in time for the start of National Football League regular-season games. Time Warner will pay significantly more to transmit CBS signals, but less than $2 per subscriber per month, people with knowledge of the negotiations told Bloomberg News.

Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.
You're reading  1 of 5 free articles.
Get UNLIMITED access for only 99¢ per week Subscribe Now >
You're reading1 of 5 free articles.Keep scrolling to see more articles recomended for you Subscribe now
We hope you've enjoyed your 5 free articles.
Continue reading by subscribing to Globe.com for just 99¢.
 Already a member? Log in Home
Subscriber Log In

We hope you've enjoyed your 5 free articles'

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com