Around the Net
Cable Channels Face High Programming Costs
- L.A. Times, Thursday, December 8, 2011 3:19 PM
Here's another trend story, this time detailing the high programming costs currently plaguing cable channels.
"No longer able to simply stock their channels with reruns of 'Seinfeld,' 'Golden Girls' and old movies, cable programmers have ratcheted up spending in the last five years to distinguish themselves with marquee franchises such as ESPN's "Monday Night Football" or provocative original shows including... FX's 'Sons of Anarchy," writes Meg James.
Still, all this spending on programming -- for example, TNT's jump of 55% since 2006 to a cool $1.1 billion -- seems to be worth it, as "cable channels remain the most profitable divisions of many media conglomerates," according to James.
