News Corp COO Chase Carey says Fox affiliates are going to have to pay up to continue having access to the likes of “American Idol” and the World Series, saying that Fox is “not just another channel,” reports The Hollywood Reporter.
Carey made his remarks at the Credit Suisse Global Media & Communications Convergence Conference. He said retransmission fees will “transform the business.”
Carey was just as passionate about the value of Fox News Channel, telling analysts that any cable operator that drops it would lose 20 percent of their subscribers.
“Carey was just as passionate about the value of Fox News Channel, telling analysts that any cable operator that drops it would lose 20 percent of their subscribers”.
Really???? Very confident man!
I really doubt anyone will loose 20% of their subscribers. With so many news outlets who is to say that FOX is the best news source for anything.HOw about local news. LOL