CBS Corp., based in New York, is the only major network that gets some retransmission fees, receiving about 50 cents a month for each pay-TV subscriber in some markets, Robin Flynn, a consultant with SNL Kagan in Monterey, California, said in an interview. Broadcasters such as News Corp.’s Fox may seek $1 a month or more as current deals expire, she said.
CBS, owner of the most-watched TV network, aims for $250 million a year in such fees, Chief Executive Officer Leslie Moonves said last week at a UBS AG conference in New York, suggesting the big four broadcasters could seek as much as $1 billion a year from the pay-TV industry.
‘Considerable Amount’
CBS’s current deal with Comcast expires in 2011, Frederic Reynolds, the company’s former finance chief, said on a June 4 conference call. Talks between networks and cable carriers can last a year or longer.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aS559x7x3IuUFrom the end of 2009, before these contracts came back up for negotiation.