Why Folks in Your Area Might Soon Be Crying Out: 'I Want My Fox News Channel!' THR
Are we soon to be hearing cries of "I want my Fox New Channel!" ringing out from coast to coast?
According to The Hollywood Reporter, Chase Carey, president and COO of News Corp., has signaled that there might be a fight on the horizon over retrans fees for Fox News.
Carey "is bullish on the company's TV channels, emphasizing that the company soon expects bigger fees for the right to carry Fox News," the story says, adding, "Speaking at the Goldman Sachs Communacopia conference in New York, Carey said that talks with distributors over new carriage fees for Fox News will soon begin the next round of negotiations."
The acticle continues: "'By the beginning of next calender year, we will have renegotiated half of that universe,' he said. 'We aim to take that business closer to what we think reflects the value of that channel.' Carey, who was formerly CEO of DirecTV, later pulled back on making any antagonistic posture towards cable and satellite companies."