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It looks like HBO managed to grab the exclusive telecast rights to the opening ceremony of Barack Obama’s inauguration week. While that doesn’t necessarily mean you’re going to miss the actual inauguration if you don’t have HBO, you will need to be a subscriber of the pay-cable if you want to see how the week is kicked off.

According to the Hollywood Reporter, “The Presidential Inaugural Committee said Tuesday that HBO will televise the ceremony, in which Obama and Vice President-elect Joe Biden, will attend at the steps of the Lincoln Memorial on the afternoon of Sunday, Jan. 18. It will be closed to other media but HBO will offer it for free not just on the Time Warner-owned channel but throughout all of cable and satellite. It may also be streamed, sources said.”

The actual inauguration of President-elect Barack Obama will take place two days after the opening ceremony and that should be broadcast by all of the major networks.