Fox, Time Warner End Standoff

Fox and Time Warner Cable have ended their marathon negotiations, announcing on New Year's Day that their standoff was over. It's unclear how close Time Warner came to meeting Fox's demand for $1 per subscriber. “We’re happy to have reached a reasonable deal with no disruption in programming for our customers,” said Time Warner Cable's CEO in a statement. The two companies have been squaring off since Fox has demanded higher cable fees from the cable provider.