CBS (CBS +0.3%) extends a deadline with Time Warner Cable that will allow the companies more...

|About: CBS Corporation (CBS)|By:, SA News Editor

CBS (CBS +0.3%) extends a deadline with Time Warner Cable that will allow the companies more time to hash out a new carriage agreement without threatening to pull programming. The network has a bit more clout than its broadcast rivals due to its strong rating and the fact it just pulled off a mini-coup by debuting a new show, Under the Dome, to huge ratings numbers in the traditionally slow month of June.