Time Warner Cable and Fox reach deal to keep channels on cable systems

By GottaLaff

From an e-mail alert:

Media giant News Corp. has struck a new deal that will keep its Fox-owned television stations -- including KTTV Channel 11 and KCOP-TV Channel 13 in Los Angeles -- and several of its cable networks on Time Warner Cable systems.

The agreement was reached late Friday afternoon well after the current contract between the two companies expired at midnight Thursday. Both sides initially agreed to a three-hour extension after midnight hit the East Coast, and then they just kept on extending.

More soon at: http://www.latimes.com/

Oh good, because I'd hate it if Rupert and co. lost one cent. That would break him. He'd never survive, poor thing.