Belo CEO: ABC Asking for Retrans Money

November 4, 2009  •  Post A Comment

Belo Corp. CEO Dunia Shive said ABC, in affiliation renewal talks for Belo’s four ABC stations, is asking for a share of retransmission consent dollars, or what she called reverse compensation, TVNewsCheck.com reports.

Shive made the comments in a conference call with analysts, noting "It’s really a mechanism for having the affiliates share in the cost of programming."

Belo’s retransmission income from cable and satellite operators in the third quarter was $10.6 million. The company declined to say how much ABC was demanding.

–Elizabeth Jensen

 

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