Retrans rewards: Scripps sees needle moving, CBS expects $1 billion

Increased retransmission fees will "move the needle" for E.W. Scripps in 2011, CFO-Treasurer Tim Stauberg said during an earnings conference call, although changes in network affiliations fees could be a problem in how far--and even in what direction--that needle moves.

Scripps actually saw a 93 percent decline in network compensation fees thanks to a new arrangement where it must pay licensing fees to the networks.

Elsewhere, one of those networks, CBS continued to count on the $1 billion it expects to get from "pay-TV systems and affiliate stations" in addition to an anticipated payday from "other companies that stream movies and shows online." CBS recently signed a deal with Netflix (Nasdaq: NFLX) to stream some of its older library of programs.

For more:
- TVNewsCheck has this story
- Bloomberg has this story

Related articles:
FCC to vote on retransmission consent reforms in March
CES: Boxee gets deal with CBS, Yahoo seeks momentum
Netflix adds CBS content as Hulu, Amazon burn... but watch out for Amazon

Suggested Articles

NCTA-The Internet and Television Association is pointing to a new report that shows the cable industry had a $450 billion impact on the U.S. economy in 2018.

CBS is warning viewers that AT&T’s pay TV services including DirecTV, DirecTV Now and U-verse could lose CBS broadcast networks soon if a new agreement isn…

Ultimately, operators will need to begin now to adopt a new data-centric approach, knowing that changes may take years to accomplish.