TWX Take – Programmer Reports Strong Numbers, Scores Big Renewal

Time Warner crowed during its 2Q earnings call that it inked a renewal last month with a top 5 operator featuring the sort of rate increases it has been talking about for the past year. It’s just not saying who that MVPD is. Time Warner CFO and incoming Turner CEO John Martin said it was relevant to mention the mystery deal because the programmer previously said it would begin its “most ambitious rate renewal cycle” in years during the middle of 2013. More on the deal and Time Warner’s financials here.

More top stories in today’s CableFAX Daily:

Retrans Catch-Up: A Time Warner Cable office in Indio, CA, gets a suspicious envelope. CBS affiliates rally around network in retrans dispute. 
Andy Albert has been tapped for Cox’s chief programming negotiations post.
As Fox Sports 1’s Aug 17 launch date draws nearer, Fox continues to keep distribution details quiet. Read the company’s comments here.

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