Skyrocketing Retrans Fees Point to Outsized Broadcaster Leverage, ACA Says
Broadcasters reporting in their most-recent quarters that retransmission consent fees went up from 20 to 162 percent year over year is yet more evidence of outsized broadcaster power in retrans talks, said the American Cable Association Tuesday. ACA said retrans…
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revenue reported by E.W. Scripps in the most-recent quarter was up 20 percent year over year, and CBS had a 27 percent gain, 37 percent for Gray, 70 percent for NBCUniversal and 162 percent for Nexstar. ACA has pushed for retrans consent rules changes (see 1710030066). NAB in a statement pointed to the vast majority of retrans negotiations being settled successfully and said ACA "should stop begging for government to fix its business model and work harder fixing its notorious customer service challenges."