CBS Gets Cash In Retrans Deal

CBS GETS CASH IN RETRANS DEAL
[SOURCE: Broadcasting&Cable, AUTHOR: Michael Malone]
CBS Corp. announced it has reached retransmission consent agreements with nine cable operators, covering over a million subscribers. The deals cover analog, digital, multicast and high-definition rights to CBS programming. As has been previously reported, CBS has sought 50 cents a subscriber in past dealings with cable operators and Verizon FiOS. A source familiar with the negotiations suggested that the new CBS deals are close to that figure. Well-sourced Wall Street speculation is that none of the deals were for less than 50 cents a sub, and some were for more. That may explain why none of the cable operators wanted to be identified in the press release announcing the deals. Time Warner Cable, Comcast and Cox are not among the nine, top 25 operators included in the new deals, which are primarily midsized systems.
http://www.broadcastingcable.com/article/CA6418604?title=Article&spacede...

* CBS Signs Nine Retrans Deals
http://www.multichannel.com/article/CA6418599.html?display=Breaking+News
* CBS Reaches Deals With 9 Cable Operators for Compensation to Carry Its Programs
http://www.nytimes.com/2007/02/23/business/media/23cable.html
* Cable Operators to Pay for CBS Programming
http://online.wsj.com/article/SB117218807654916661.html?mod=todays_us_ma...