CBS, Cablevision Ink Carriage Deal, Ulitmately a Big Deal For Broadcasters
Cablevision and CBS Corp. have announced what they call a “comprehensive content carriage agreement” which sees Cablevision continue to carry CBS programming and offer Showtime Networks’ programming to Cablevision’s three million subscribers in the New York market. Cablevision will continue to carry WCBS, while its customers in central and southern New Jersey will receive Philadelphia’s KYW and WPSG, which are CBS and CW affiliates.
via Broadcasting & Cable.
While terms were not disclosed, reader Mikey claims they are for $0.50 / subscriber / month, which seems like a credible number, compared with numbers we see for cable network carriage. That’s a substantial new revenue stream for broadcast networks that is on its way to becoming standardized.