Wednesday, July 31, 2013

CBS Profit Rises 11% on Pay-TV Fees, Streaming Agreements

To increase revenue and reduce its dependence on advertising, CBS is demanding cable and satellite-TV services pay higher fees to retransmit the company’s broadcast and cable programming to subscribers. That’s led to conflicts such as the current dispute with Time Warner Cable that saw some pay-TV customers briefly lose service this week. - Amy Fixmer

via Streaming-TV CBS Profit Rises 11% on Pay-TV Fees, Streaming Agreements http://www.bloomberg.com/news/2013-07-31/cbs-profit-rises-11-on-pay-tv-fees-streaming-agreements-1-.html

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