Time Warner Cable open to arbitration with Fox, but Fox declines

Time Warner Cable is willing to resolve its dispute with Fox over cable-company fees through FCC arbitration, Bloomberg News and the Wall Street Journal are reporting. In a letter to Massachusetts Senator John Kerry, the cable company said it would do so to avoid any programming disruptions for its customers when their contract expires on Jan. 1. The cable company and the TV network have been at odds over a retransmission consent agreement.

UPDATE: Fox has declined to participate in arbitration, according to the Hollywood Reporter.