Cable Network Affiliate Rev Down For 1st Time
Traditional affiliate fees — long the revenue backbone for U.S. cable TV networks — witnessed their first overall revenue declines ever in the second quarter. Cable network affiliates’ revenues sank 3% in the period to $9 billion after three previous sequential quarters of slight 1% increases, according to MoffettNathanson Research estimates from analysis and company reports.
This article was originally posted on mediapost.com
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