In the multi-million dollar game of chicken, observers are waiting and watching to see who will stop the inevitable consumer train-wreck that will occur if the nation’s second largest cable operator Time Warner Cable fails to reach an agreement with News Corporation, owner of Fox television and several Fox cable networks.

Another day, more negotiations, but still no end in sight.

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The battle between Time Warner Cable and Fox is coming down to the wire, reports CNBC’s Julia Boorstin. (2 minutes)