TITLE

Rocco's Rate Remedy

AUTHOR(S)
Farrell, Mike
PUB. DATE
June 2003
SOURCE
Multichannel News;6/23/2003, Vol. 24 Issue 25, p25
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Mediacom Communications Corp. chairman, Rocco Commisso, continued his public debate with programmers and, especially ESPN, calling for content companies to tie rates they charge operators to their ratings. Video revenue for the cable business has gone up 50% in the last 10 years, while revenue for programmers has risen six-fold over the same time frame. ESPN said it does not believe that ratings reflect the total value of its networks, but that its ratings are up. One thing that Commisso would like to see on the regulatory front, is the rescinding of the retransmission-consent laws, especially in light of the pending merger between News Corp. and DirecTV Inc. parent Hughes Electronics Corp.
ACCESSION #
10092352

 

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