You think retrans fights have been ugly so far? You ain’t seen nothing yet. One of the biggest broadcasters threw down the gauntlet to the cable industry yesterday, saying MSOs will have to shell out $4.50 per sub per month for all broadcast signals in each market, or else… At an investor conference in FL, Sinclair CEO David Smith told the audience that he plans to use this strategy to quadruple retrans revenue to $100mln within 3 years, Harry Jessell reports in his new pub TV Newsday. "It’s very clear to us everybody is going to pay," Smith said. "The only issue is what day and how much." As an example, Smith pointed to Columbus, OH, where Sinclair runs the ABC affiliate and Time Warner Cable is the incumbent MSO. "If Time Warner elects not to do a retrans deal…they have no place to go but down because SBC is going to pay and everybody else already is," Smith said.

The Daily

Subscribe

NBCU’s Shell Not Interested in M&A Any Time Soon

Don’t expect NBCUniversal CEO Jeff Shell to be the latest media executive to announce a major merger or acquisition. He’s more than happy with what he’s got.

Read the Full Issue
The Skinny is delivered on Tuesday and focuses on the cable profession. You'll stay in the know on the headlines, topics and special issues you value most. Sign Up

Calendar

Jul 16
Diversity List – 2021 Nominations Due: July 16, 2021
Sep 10
Most Powerful Women – 2021 Nominations Due: Sept 10, 2021
Dec 7
Most Powerful Women CelebrationSave the Date!
Full Calendar

Jobs

Seeking an INDUSTRY JOB?
VIEW JOBS

Hiring? In conjunction with our sister brand, Cynopsis, we are offering hiring managers a deep pool of media-savvy, skilled candidates at a range of experience levels and sectors, The result will be an even more robust industry job board, to help both employers and job seekers.

Contact John@cynopsis.com for more information.