Hearst and Time Warner Cable have reached an agreement regarding the 16 stations in 14 markets blacked out of TWC's cable package as the two companies tried to come to an agreement over a fair price to retransmit those stations' signals.
Retrans has been a thorny issue in recent years as carriage agreements come up for renewal after major changes in the marketplace, such as a plethora of over-the-top content providers like Netflix and Hulu, along with the nationwide changeover from analog broadcast signals to digital, which renders broadcast TV unwatchable in many urban areas.
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