CBS Warns It Could Get Blacked Out by AT&T as Talks Bog Down

  • Dispute pits No. 1 network against largest pay-TV provider
  • Broadcaster aims for higher fees while AT&T seeks lid on costs
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CBS Corp. warned that it could get blacked out by AT&T Inc.’s DirecTV and U-verse if it’s unable to reach a new contract to supply its programming to the largest U.S. pay-TV provider.

AT&T “continues to propose unfair terms well below those agreed to by its competitors and may drop CBS unless we agree to those terms,” the network saidBloomberg Terminal on Tuesday.