[opendtv] News: CBS says share retrans cash or lose the network
- From: Craig Birkmaier <craig@xxxxxxxxx>
- To: OpenDTV Mail List <opendtv@xxxxxxxxxxxxx>
- Date: Thu, 11 Mar 2010 06:54:02 -0500
http://www.tvweek.com/blogs/tvbizwire/2010/03/moonves-says-hed-pull-signals.php
Moonves Says He'd Pull Signals from Affiliates Who Won't Share
Retrans Fees; Says CBS Could be Making Over $250 Million in Retrans
Fees in Two Years
CBS Corp. CEO Leslie Moonves said he's willing to pull the signal
from any affiliate who won't share a portion of retransmission
consent fees, B&C reports.
Speaking at the Credit Suisse Global Media & Communications
Convergence Conference, Moonves said, "I worked hard to make CBS the
number one network. The affiliates are sharing the $600 million NFL.
I need something back for that."
He also said that his earlier estimates that retransmission income
for the company could be around $250 million by 2012 may be too low,
although he didn't name a higher figure.
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