CBS and Time Warner Cable fight goes the distance

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

The clock is ticking in the dispute between CBS (CBS -2.1%) and Time Warner Cable (TWC -1.2%) with today's 5:00 PM EST deadline for a resolution looming before CBS goes dark in New York City.

Analysts think the fight between the companies on carriage fees per subscriber is down to a few cents, but also speculate that CBS might be willing to go over the edge to gauge response to online initiatives.

NYC mayoral candidates Christine Quinn is bringing up the topic on the campaign, asking the two sides to extend their deadline once again.

Waiting in the wings if the talks go south: Aereo