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CBS, Time Warner might bid on 2014, 2016 Games

Updated: December 17, 2008, 3:24 PM ET
Associated Press

NEW YORK -- CBS Corp. and Time Warner Inc. executives have discussed joining forces to bid on rights to televise the Olympics in 2014 and 2016, turning that competition into an even greater clash of media titans.

TV empires headed by incumbent NBC, Fox and ABC-ESPN have all said they expect to bid on the U.S. rights to the Games. Because of the economy, the International Olympics Committee has said it is prepared to postpone its bid selection until after the host city is named next October ...

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