CBS Corp. CEO Leslie Moonves said he’s willing to pull the signal from any affiliate who won’t share a portion of retransmission consent fees, B&C reports.
Speaking at the Credit Suisse Global Media & Communications Convergence Conference, Moonves said, “I worked hard to make CBS the number one network. The affiliates are sharing the $600 million NFL. I need something back for that."
He also said that his earlier estimates that retransmission income for the company could be around $250 million by 2012 may be too low, although he didn’t name a higher figure.