Time Warner and Fox finally settle a deal

Time Warner Cable and Fox came to an agreement after an 11th-hour contract extension.

According to the reports, the argument was based on how much Time Warner Cable should pay for the right to deliver the Fox network to its cable subscribers in big cities like New York and Los Angeles.

However Time Warner has not revealed much detail on how much it offered to Fox. But this deal has helped avoid a blackout of TV shows in 13 million US homes.