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Article: Networks Seek Their Cut of Retrans.(Belo, LIN Television Corp. and Sinclair Broadcast Group Inc.)(Financial report)
- Article from:
- Multichannel News
- Article date:
- November 9, 2009
- Author:
CopyrightCOPYRIGHT 2009 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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by Mike Farrell
Cable Operators Say They Can Manage Rising Fees for Broadcast Stations
Retransmission-consent fees paid by cable operators to broadcasters continue to climb, reflected in station groups' earnings and in moves by broadcast networks to get in on that revenue stream.
Several broadcast-station groups said networks like News Corp.'s Fox, CBS and ABC have been pressuring them to pony up a portion of their own retrans dollars and, in some cases, are reaching out to individual distributors asking for separate fees.
News Corp. chief operating officer Chase Carey said during the company's third-quarter earnings call Wednesday ...