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RADIO SHACK AND CONTINENTAL CABLEVISION REACH AGREEMENT; RADIO SHACK TO PROVIDE CABLE COMPANY WITH ALTERNATIVE SOLUTION, SAVINGS

 FORT WORTH, Texas, Sept. 7 /PRNewswire/ -- Radio Shack announced today it has reached agreement with Continental Cablevision Inc., the third largest cable operator in the United States, whereby Radio Shack will offer Continental Cablevision subscribers a coupon good for a 10 percent discount off the retail price of A/B switches and related video installation accessories at Radio Shack(R) stores and participating dealers.
 The agreement provides an alternative solution to Continental Cablevision customers who may be required to install A/B switches to receive local broadcast stations as a result of the retransmission consent provision of the 1992 Cable Act.
 "Retransmission consent has created a situation where almost every cable company has to explore alternative ways to maintain customer satisfaction," said Leonard Roberts, president of Radio Shack. "Continental Cablevision has taken a very proactive approach. Radio Shack is the best positioned national retailer to provide the products, service and solution."
 Continental Cablevision, headquartered in Boston, has 2.9 million subscribers in 16 states.
 "We are hopeful that we will obtain retransmission consent agreements with all of the stations we now carry, but we also have to be realistic and face the possibility that there may be some stations that ultimately will refuse permission to be carried on cable," said Robert Stengel, senior vice president of Programming at Continental. "We worked out this agreement with Radio Shack to help mitigate the impact on our subscribers should a station deny permission to continue being carried on cable."
 Radio Shack, a division of Tandy Corporation, is the nation's largest retailer of television antennas and accessories. With more than 6,600 Radio Shack stores and dealers nationwide, Radio Shack is the nation's largest retailer of consumer electronics.
 -0- 9/7/93
 NOTE: Radio Shack is a registered service mark used by Tandy Corporation.
 /CONTACT: Fran McGehee of Radio Shack, 817-390-3487/


CO: Tandy Corporation; Radio Shack; Continental Cablevision Inc. ST: Texas, Massachusetts IN: ENT SU:

LG -- NY059 -- 9431 09/07/93 15:36 EDT
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Publication:PR Newswire
Date:Sep 7, 1993
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