Update: CBS and Time Warner Cable have set Fri at 5pm ET as their new deadline for reaching a renewal. 

After multiple extensions during the night, CBS and Time Warner Cable had no deal at midnight Tues. The MSO said that as of midnight ET, its customers in NYC, Dallas and L.A. would no longer receive their local CBS stations.  However, around 12:30am, TWC said that "at the request of CBS, we have halted going dark on their channels." 

It was that kind of back and forth all night, with extensions granted hour-by-hour since 5pm ET. If there is no deal and channels go dark, TWC subs nationwide also will lose Showtime, TMC, Flix and Smithsonian. CBS said both have agreed to continue discussions.

Both have traded barbs. "We offered to pay reasonable increases, but CBS’s demands are out of line and unfair – and they want Time Warner Cable to pay more than others pay for the same programming," the MSO said.

CBS, of course, had a different take. It accused TWC of continuing to engage in a public campaign of disinformation and "voodoo mathematics" with "wildly inflated percentages." "CBS remains resolute in the pursuit of fair compensation for our programming and will use the full resources available to us to make sure that Time Warner Cable subscribers are aware of its short-sighted, anti-consumer strategy," the broadcaster said. 

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