The extended deadline is tomorrow, Mon 7/29. At this time tomorrow, CBS2 may be dropped from TWC's programming (CBS2 being the affiliate that covers the NYC area).
TWC and CBS are in debate about their contracts for six cities: NYC, LA, Boston, Denver, and two others I cannot remember off the top of my head. All major cities may have CBS dropped for TWC customers.
"The Spectacle has, indeed, an emotional attraction of its own, but, of all the parts, it is the least artistic, and connected least with the art of poetry. For the power of Tragedy, we may be sure, is felt even apart from representation and actors. Besides, the production of spectacular effects depends more on the art of the stage machinist than on that of the poet."
--Aristotle