Raising Retrans Revs Is Top Priority For NBCU

Multichannel News, Wednesday, February 27, 2013 10:13 AM
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Comcast CFO Michael Angelakis says retrains and reverse comp from affiliates will net the company about $200 million by 2014. Speaking at an industry conference, he called raising retrans revs a top priority for NBCU, claiming the unit has earned “miniscule” fees in the past. Retrans is a hot-button issue at the broadcast networks; NBC will also focus on higher ad fees and CPMs at its cable nets to close any monetization gap.

 

Comcast chief financial officer Michael Angelakis told an industry audience Tuesday that he expects retransmission consent revenue from both its owned and operated stations and through reverse compensation from affiliates to increase about 5 -times by 2014, to about $200 million.

Speaking at the Morgan Stanley Technology, Media and Telecommunications conference in San Francisco, Angelakis said that raising retrans revenue is a top priority for NBC Universal, adding that the programming unit had received “minuscule” retrans fees in past years.

Retransmission increases is part of the broader NBCU strategy to close the monetization gap between the programmer and its peers. Included in that strategy is to attract higher advertising fees and CPMs at its cable networks.

- See more at: http://www.multichannel.com/cable-operators/angelakis-retrans-200m-business-nbc-2014/141930#sthash.PqfWMngi.dpuf

Comcast chief financial officer Michael Angelakis told an industry audience Tuesday that he expects retransmission consent revenue from both its owned and operated stations and through reverse compensation from affiliates to increase about 5 -times by 2014, to about $200 million.

Speaking at the Morgan Stanley Technology, Media and Telecommunications conference in San Francisco, Angelakis said that raising retrans revenue is a top priority for NBC Universal, adding that the programming unit had received “minuscule” retrans fees in past years.

Retransmission increases is part of the broader NBCU strategy to close the monetization gap between the programmer and its peers. Included in that strategy is to attract higher advertising fees and CPMs at its cable networks.

- See more at: http://www.multichannel.com/cable-operators/angelakis-retrans-200m-business-nbc-2014/141930#sthash.PqfWMngi.dpuf

http://www.multichannel.com/cable-operators/angelakis-retrans-200m-business-nbc-2014/141930Comcast chief financial officer Michael Angelakis told an industry audience Tuesday that he expects retransmission consent revenue from both its owned and operated stations and through reverse compensation from affiliates to increase about 5 -times by 2014, to about $200 million.

Speaking at the Morgan Stanley Technology, Media and Telecommunications conference in San Francisco, Angelakis said that raising retrans revenue is a top priority for NBC Universal, adding that the programming unit had received “minuscule” retrans fees in past years.

Retransmission increases is part of the broader NBCU strategy to close the monetization gap between the programmer and its peers. Included in that strategy is to attract higher advertising fees and CPMs at its cable networks.

- See more at: http://www.multichannel.com/cable-operators/angelakis-retrans-200m-business-nbc-2014/141930#sthash.PqfWMngi.dpuf
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