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News Corp. President Chase Carey Says FX and Nat Geo Need Higher Fees From Their Distributors

Sep 15, 2010  •  Post A Comment

Chase Carey, president and chief operating officer of News Corp., says the company needs to get more money from distributors for its cable networks, FX and National Geographic in particular, accoring to Joe Flint writing in the Los Angeles Times’ Company Town blog.

Writes Flint, "The two networks Carey cited as getting far more than FX were Time Warner’s TNT and NBC Universal’s USA Network. According to SNL Kagan, an industry consulting firm, TNT gets about $1.00 per subscriber per month and USA pulls in 57 cents. FX gets 39 cents.

"Of course, though FX has some strong shows, USA and TNT have bigger hits with shows such as ‘Burn Notice’ and ‘The Closer.’ Also, TNT carries a heavy sports load, which is why its subscriber fee is so much higher than USA’s and FX’s."

Carey made his remarks during a luncheon on Tuesday, Sept. 14, during a Hollywood Radio & Television Society luncheon interview at the Beverly Hilton.

He also stressed the importance of the retrans monies broadcast networks are now receiving from distributors.

4 Comments

  1. fx worth it. nat geo is awaful. we already have discovery channel.

  2. do u folks proofread your headline? new corp? do u mean news corp?

  3. Check the ratings. The shows that get the highest ratings earn a bigger fee. The networks that no one watches shoudl get the least. Making consumers pay for networks they don’t watch is what is causing us to move away from cable and to the internet. The greed and the belief that consumers will pay for anything will kill cable. Check the stats on those under 25 when they get new apartments. they are using their computers adn the internet and Hule. the cable industry better wise up fast or they will become the newspaper and magazine business in 10 years.

  4. Nice blog here! Also your website loads up fast! What host are you using? I wish my website loaded up as fast as yours lol

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