Time Warner Cable, News Corp., reach retransmission settlement

TIME WARNER Cable and News Corp. have reached agreement on a new contract that keeps the Fox broadcast network on the air in millions of homes in the U.S., according to a report in the Wall Street Journal.The impasse, which had threatened blackouts for viewers in major television markets like New York, Los Angeles and Dallas, has been the most high profile of several year-end negotiations between broadcasters and BDUs in the U.S.Terms of the new deal were not disclosed.