Cable One’s release stated the Arizona-based company that serves more than 730,000 customers “has reached an agreement with Turner Broadcasting System Inc. to restore Cable One’s carriage of Turner’s channels CNN, CNN en Espanol, HLN, Turner Classic Movies, TNT, TBS, Cartoon Network, truTV and Boomerang.”
The release said the process of restoring the channels will begin “immediately” and “may take several days to complete.”
Turner’s news release stated it had “come to an agreement” with Cable One.
No financial details of any sort were given out regarding the agreement, nor was there any reference to previous statements about the business dispute.
Patricia Niemann, Cable One's national public relations manager, said negotiations were conducted by telephone and wrapped up early Friday evening.
"We can’t discuss specific deal terms, however we are happy that we reached a fair deal and that we are able to restore these channels to our customers," she said in an email sent Saturday morning to The Star.
Both companies’ news releases concluded with general statements thanking subscribers/viewers for their “patience and loyalty” (Cable One) and “loyalty and support” (Turner) during the suspension of Turner’s channels.
The suspension began Oct. 1 after Cable One decided against paying higher rates for the channels after several months of negotiations with Turner. According to a Cable One press release from the beginning of the month, Turner requested a nearly 50 percent price increase for the channels, many of which, the cable company said, have declining ratings. Cable One broadcast commercials about the dispute, saying it was fighting to save money for customers.