Tues’ House Communications subcmte hearing offered little sense that retrans is a priority right now. Or maybe it’s just that hope is lost that the FCC will do anything about it. Less than 24 hours after Time Warner Cable lost Hearst stations in 11 markets and Bright House lost the NBC affil in Orlando, there was nary a mention of it. The hearing on FCC oversight was near its conclusion when it was finally brought up by Rep Charles Bass (R-NH). Still, a hearing on retrans looks to be in the works for later this month. Read today’s issue for more.
Also in the July 11 issue of CableFAX Daily:
DirecTV lost Nickelodeon, MTV, Comedy Central and other Viacom nets shortly before midnight, with the two unable to reach a new carriage agreement. This is a programming dispute that has analysts foaming with excitement, given the ratings slippage at Viacom nets and the plethora of Netflix and OTT offerings.
Time Warner Cable is importing distant signals from Nexstar in some of the Hearst markets where stations went dark.
Comcast’s NBC Universal is selling its entire 15.8% stake in A&E Networks for about $3bln in cash, the cable op said in an SEC filing Tues. Disney andHearst, the other co-owners, will now each own 50% of the net. Wells Fargo sees the sale as positive for Disney. The value of A&E is now much higher than previously believed and should be reflected in Disney’s "hidden value," the firm said.
NAB asked the DC Circuit to block the FCC’s online political file rules, which require stations to post online political documents, including ad prices.