Ryvicker: Stations Losing $10.4B In Retrans [telecom]

By Diana Marszalek, TVNewsCheck, September 18, 2013

| "Broadcast captures 35% of the audience, gets 7% of programming fees," | Wells Fargo analyst Marci Ryvicker told the TVB Forward conference | today. Growing retrans consent revenue (it's expected to total $2.6 | billion this year) is one factor driving investor interest in | broadcasting, she added, with broadcast TV stocks currently up 74% over | what it was at this time last year. | | Broadcasters would get $13 billion a year in retransmission consent | revenue if they got their fair share of programming fees --a far cry | from the $2.6 billion they are expected to get this year.

| Speaking at the annual TVB Forward conference in New York, Ryvicker | said she does expect that figure to go up, climbing to about $6.2 | billion by 2018.

Continued:

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This is another reason to support Rep. Anna Eshoo's "Video CHOICE Act Draft Bill." As Steve Donohue of FierceCable noted,

| Eshoo's bill would require stations that elect retransmission consent | to be carried on a tier separate from basic cable tiers containing | must-carry stations and PEG (public, government, education) channels.

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Enacting that bill would let viewers decide the "fair share of programming fees."

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Neal McLain

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Neal McLain
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