Scripps Sees Big Opportunities In Sports
CEO Adam Symson: “Our ubiquitous over-the-air, pay TV and connected TV reach through Ion and the Scripps Networks has immense appeal for leagues looking for both new and consistent franchise viewing events across a national footprint. For us, we see the right live sports as an unparalleled opportunity to drive the value of our linear television streams even higher.”
E.W. Scripps Sees Surge In Core Advertising
E.W. Scripps said Friday that it topped its guidance with same-station advertising up 48% and services seeing a 35% year-to-year spending jump, leading all other categories.
Sook: Stations Could Get $2 Per Sub Retrans
A NATPE panel offered predictions on the future of retransmission consent at stations. Deb McDermott of Young Broadcasting said that she was not opposed to sharing the retrans revenue with the networks “as long as it is the right division of revenue — as long as they don’t get greedy.” And Nexstar’s Perry Sook suggested that even sending half of the revenue to the networks is not unreasonable.
Sook: Stations Could Get $2 Per Sub Retrans
A NATPE panel offered predictions on the future of retransmission consent at stations. Deb McDermott of Young Broadcasting said that she was not opposed to sharing the retrans revenue with the networks “as long as it is the right division of revenue — as long as they don’t get greedy.” And Nexstar’s Perry Sook suggested that even sending half of the revenue to the networks is not unreasonable.
Under the network’s new “proxy” plan, it would receive 50% of the affiliates’ retransmission consent revenue in return for taking over negotiations. “Every affiliate will be treated exactly the same,” said NBC affiliate board head Brian Lawlor of Scripps.
