Time Warner Cable Threatens to Drop Low-Rated Networks
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AMC Networks Inc.’s IFC and WE TV are among the networks at risk of being dropped by Time Warner Cable Inc. now that Chief Executive Officer Glenn Britt is taking a harder line on renewing channels with low ratings.
Distribution on Time Warner Cable, the second-largest U.S. cable company, “is not a birthright,” Britt said today at a UBS AG conference in New York. Networks with low ratings should be on alert that the cable company will either move them off expanded basic packages or drop them completely, Britt said.