Time Warner Blackout Doesn’t Dent CBS Ratings

by Christopher Freeburn | August 14, 2013 11:28 am

Time Warner Blackout Doesn’t Dent CBS Ratings

cbs1 e1302787957696 Time Warner Blackout Doesn't Dent CBS Ratings[1]According to Nielsen, CBS (CBS[2]) topped last week’s ratings, claiming six of the top 10 most watched TV shows[3].

The ratings triumph came despite the fact that about 2.8 million viewers around the country currently cannot watch CBS due to a dispute over carriage fees with Time Warner Cable (TWC[4]). The blackout affects more than 1.1 million subscribers in New York City, 1.3 million in Los Angeles and 400,000 in Dallas, the Associated Press notes.

In prime time, CBS led other broadcast networks with an average of 5.5 million viewers. Comcast‘s (CMCSA[5]) NBC came in second with 4.18 million; Disney‘s (DIS[6]) ABC finished in third place with 4.17 million. News Corp.‘s (NWSA[7]) Fox attracted a average of just 2.6 million prime time viewers, putting it behind Spanish-language Univision.

CBS’s summer series, Under the Dome, was the highest ranked prime time series last week, watched by 10.42 million viewers.

NBC led the ratings for last week’s evening news casts, followed by ABC. CBS finished last there.

Time Warner dropped CBS and its cable channels — including Showtime — earlier this month after the two companies could not agree over transmission fees[8].

Shares of both CBS and Time Warner Cable fell more than 1% in Wednesday morning trading.

Endnotes:
  1. [Image]: http://investorplace.com/wp-content/uploads/2011/04/cbs1-e1302787957696.jpg
  2. CBS: http://studio-5.financialcontent.com/investplace/quote?Symbol=CBS
  3. claiming six of the top 10 most watched TV shows: http://hosted.ap.org/dynamic/stories/U/US_NIELSENS?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2013-08-13-19-04-58
  4. TWC: http://studio-5.financialcontent.com/investplace/quote?Symbol=TWC
  5. CMCSA: http://studio-5.financialcontent.com/investplace/quote?Symbol=CMCSA
  6. DIS: http://studio-5.financialcontent.com/investplace/quote?Symbol=DIS
  7. NWSA: http://studio-5.financialcontent.com/investplace/quote?Symbol=NWSA
  8. after the two companies could not agree over transmission fees: http://investorplace.com/2013/08/twc-customers-miss-top-shows-as-cbs-blackout-continues/

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