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.
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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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