Cablevision comes up with new offer; News Corp. shoots it down

10/28/2010 | Wall Street Journal, The

Hoping to bring its retransmission impasse to an end, Cablevision offered to pay News Corp. the same amount that Time Warner Cable pays the company to carry Fox TV stations in New York and Philadelphia, which, Cablevision said, was a higher rate than it currently pays any other broadcast station in New York. News Corp. dismissed the new proposal from Cablevision.

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